USD/СAD: Elliott Wave Analysis and Forecast for 14.03.25 – 21.03.25
Major Takeaways
Main scenario: Consider long positions from corrections above the level of 1.4235 with a target of 1.4800 – 1.5200. A buy signal: the price holds above 1.4235. Stop Loss: below 1.4180, Take Profit: 1.4800 – 1.5200. Alternative scenario: Breakout and consolidation below the level of 1.4235 will allow the pair to continue declining to the levels of 1.3950 – 1.3433. A sell signal: the level of 1.4235 is broken to the downside. Stop Loss: above 1.4285, Take Profit: 1.3950 – 1.3433.
USD/СAD: Elliott Wave Analysis and Forecast for 14.03.25 – 21.03.25
Major Takeaways
Main scenario: Consider long positions from corrections above the level of 1.4235 with a target of 1.4800 – 1.5200. A buy signal: the price holds above 1.4235. Stop Loss: below 1.4180, Take Profit: 1.4800 – 1.5200. Alternative scenario: Breakout and consolidation below the level of 1.4235 will allow the pair to continue declining to the levels of 1.3950 – 1.3433. A sell signal: the level of 1.4235 is broken to the downside. Stop Loss: above 1.4285, Take Profit: 1.3950 – 1.3433.
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