05-06-2026 11:02 via litefinance.org

USD/CAD: Elliott Wave Analysis and Forecast for 05.06.26–12.06.26

Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.3967 with a target of 1.3400–1.3065. A sell signal: the price holds below 1.3967. Stop Loss: above 1.4005, Take Profit: 1.3400–1.3065. Alternative scenario: Breakout and consolidation above the level of 1.3967 will allow the pair to continue rising to the levels of 1.4150–1.4536. A buy signal: the level of 1.3967 is broken to the upside. Stop Loss: below 1.3925, Take Profit: 1.4150&nda

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USD/CAD: Elliott Wave Analysis and Forecast for 05.06.26–12.06.26

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