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    USD/CAD: Wave analysis on 24.02.2015

    Presumably, local correction in a form of fourth wave (iv) is completed and currently has a shape of a flat surface. Apparently, the fifth wave (v) of iii has started to develop locally. If the presumption is correct, the pair will continue to grow to the levels 1.29-1.30. The level 1.2358 is critical in this scenario. A triangle may form within the framework of an alternative scenario.

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