USD/СAD: Elliott Wave Analysis and Forecast for 18.04.25 – 25.04.25
Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.3977 with a target of 1.3735 – 1.3575. A sell signal: the level of 1.3977 is broken to the downside. Stop Loss: above 1.4030, Take Profit: 1.3735 – 1.3575. Alternative scenario: Breakout and consolidation above the level of 1.3977 will allow the pair to continue rising to the levels of 1.4300 – 1.4800. A buy signal: the level of 1.3977 is broken to the upside. Stop Loss: below 1.3920,