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USD/CAD: wave analysis on 08.12.2015

An upward trend in the pair has resumed.

Assumingly, a formation of an upward impulse in the fifth wave of the senior level within the daily timeframe has resumed. Locally, an impulse seems to be forming within the fifth wave of the junior level (v) of v of 5 with the target at 1.3624. If the assumption is correct and the price does not break down the critical level of 1.3284, the pair continues growing.


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