USDCAD is trading in wave 5 of C which is ending diagonal. A lot of confluence just above 1.3800 level:
- A = 1.618 C @ 1.3804 of expanded flat wave Z
- wave A (Q1 2016) 0.618 retracement @ 1.3835
- smaller tf fibo projections
I anticipate a little push higher to complete wave 5 of a diagonal before it reverse
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