USDCAD Chart Technical Outlook correcting though in the 4th wave, intraday support at 1.3539
We continue to see mixed and volatile trading. Elliott Wave analysis would suggest we are currently trading within the corrective 4th wave. Mild intraday support is located at 1.3539. The 261.8% extension level is located at 1.3624. With this being close to the supply zone from August 20, I would look to this zone to cap buying interest.
