LiteForex - Analytics


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    USD/CAD: wave analysis on 30.11.2015

    A decline is still possible.

    Assumingly, a double zigzag wxy within wave B of 4 has finished forming. Locally, a starting wave i of the junior level and a correction to it seem to have formed. If the assumption is correct and the price does not break out the critical level of 1.3438, a decline towards 1.2800 within wave C of 4 is to be expected.


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