I expect to see at least 1 leg higher by means of a wave 5 in orange to target our long term target at 1.34.
Watch for the consolidation to complete before buying USDCAD . I prefer to see a more significant retrace than what we see so far after the move on Friday.
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I personally didn't trade this pair but the entry was valid. Nevertheless wait for the next confirmation and you will more than make up for it.