Waiting for the break or breakthrough to move towards the desired targets:

Experts see the process of trading the Canadian dollar against the Canadian dollar as within the supply and demand zone, waiting for a price break at 1.2894 to start the upward wave reaching 1.2948 as the final target for this pattern.

In the alternative scenario, if the price zone 1.28360 is broken, the downward wave will begin to reach the targets down to 1.27809 as the final target for the bearish scenario of this pattern.

Central point 1.28645

All analyses and studies presented do not represent the views of OneRoyal and should not be considered as recommendations or advice, but merely a monitoring of market fluctuations, taking into account the high risks involved in trading that may expose investors to loss of the entire capital.

OneRoyal also bears no responsibility for the content or any other consequences that may arise based on the information provided.