EURCAD Chart Technical Outlook completed 5 waves at 1.5044
Completed a bullish Elliott wave count (5 waves) at the 1.5044 swing high. We are now assessed as being within the corrective ABC leg to the downside. Resistance is located at 1.4671 and 1.4670. Support is located at 1.4492 and 1.4472. With the previous swing high from October 6 being 1.4497, this is regarded as the prime area to get long.
