Just like the other US Dollar counterparts, Canadian Dollar also started to rally during 2000. The pair amazingly has made another new Low of the year, by hitting US$0.98 upon the Job Data and Unemployment Rates release of the Canada. As we can see, just like most of the pair, Loonie are in the 3rd Wave of the larger degree.
4 Hours Chart
At 4-Hours Chart, the pair currently, the pair rests at 0.9800 area. From the chart, we see that the Wave [ II ] unfold and [ IV ] unfold sharply. Currently, the pair are heading for another Low, since we can see that probably Final Wave [ V ] has just begun.*Beware, our prediction is not guaranteed to be accurate. Always control your risk and don't be greedy.
THESE SIGNALS/ ANALYSIS ARE PURE FROM OUR TEAM. PLEASE APPRECIATE OUR HARD WORK AND DON'T BE A COPYCAT.
Elite Bisnes Team
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