USD/CAD: Elliott Wave Analysis and Forecast for 06.11.26–13.11.26

Major Takeaways Main scenario: Once the correction has been completed, consider short positions below the level of 1.4113 with a target of 1.3548–1.3392. A sell signal: the local correction ends and the price holds below 1.4113. Stop Loss: above 1.4158, Take Profit: 1.3548–1.3392. Alternative scenario: Breakout and consolidation above the level of 1.4113 will allow the pair to continue rising to the levels of 1.4300–1.4400. A buy signal: the level of 1.4113 is broken to the upside. Stop Lo