Forex Webinar: USD/CAD Price Action Patterns
This is a recording of a webinar that occurred on December 7, 2016. To attend the webinar live obtain your free registration here.
In this webinar, we used technical analysis and namely, Elliott Wave Theory to identify trends and trading opportunities in main markets. USD/CAD may be early in a continued sell-off. When a new trend starts with an impulse, typically another leg lower of similar size pairs up with the first leg lower. This implies USD/CAD may work towards the low 1.20’s and possibly 1.13.
Or, if you wish to join Jeremy in his US Opening Bell webinars to discuss chart patterns on key markets and ask your questions in real time, register and join here.
Suggested Reading: Dow Jones Industrial Average Presses New Highs
---Written by Jeremy Wagner, Head Trading Instructor, DailyFX EDU
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.