USDCAD Wave Count: Waiting for Bullish Confirmation

29 set 2016

USDCAD is in the midst of corrective structure which may be nearing completion. There is a good possibility that the ending diagonal in B will mark the short term low and we will see a move to target. However, there is too much uncertainty just yet to take a trade in my opinion. Keep a close eye on price action over the next 24 hours. Updates to come as the tide rolls!