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USD/CAD: Wave analysis on 02.03.2015

Presumably, the local correction in a form of fourth wave (iv), that is currently triangle-shaped, is completed. Apparently, a counter-trend impetus i within the fifth wave (v) has started to form locally. If this assumption is correct and the price does not break the critical level 1.2383, the pair will continue to rise to the levels 1.2900-1.3000.


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