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    USD/CAD: wave analysis on 11.01.2016

    An upward trend is strong.

    An upward impulse within the fifth wave of the senior level v of 5 of (3) continues forming. Locally, the fifth wave (v) of v of 5 of the junior level seems to be developing. If the assumption is correct and the price does not break down the critical level of 1.4042, the pair continues growing towards 1.4300, 1.4400.

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