USD/CAD: Elliott Wave Analysis and Forecast for 12.06.26–19.06.26

Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.4134 with a target of 1.3400–1.3065. A sell signal: the price holds below 1.4134. Stop Loss: above 1.4170, Take Profit: 1.3400–1.3065. Alternative scenario: Breakout and consolidation above the level of 1.4134 will allow the pair to continue rising to the levels of 1.4536–1.4788. A buy signal: the level of 1.4134 is broken to the upside. Stop Loss: below 1.4090, Take Profit: 1.4536&nda