USD/СAD: Elliott Wave Analysis and Forecast for 04.04.25 – 11.04.25

Major Takeaways Main scenario: Once the correction ends, consider long positions above the level of 1.3955 with a target of 1.4800 – 1.5200. A buy signal: the price holds above 1.3955. Stop Loss: below 1.3880, Take Profit: 1.4800 – 1.5200. Alternative scenario: Breakout and consolidation below the level of 1.3955 will allow the pair to continue declining to the levels of 1.3800 – 1.3656. A sell signal: the level of 1.3955 is broken to the downside. Stop Loss: above 1.4020, Take