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    USD/CAD: wave analysis on 13.10.2015

    Pair is in correction. A short-term growth is expected.

    The formation of an upward impulse within the third wave of the senior level (3) has finished. At present, the development of a large Bearish correction within the fourth wave seems to have started. Locally, the first wave of the junior level a of A seems to have finished. If the assumption is correct, a short-term growth within wave b of A towards the area of the level of 1.3250 is expected.

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