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EUR/CAD falling inside minor corrective wave (ii)

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  • EUR/CAD falling inside minor corrective wave (ii)
  • Next sell target - 1.4960

EUR/CAD continues to fall inside the minor corrective wave (ii) – which started earlier from the strong resistance area lying between the resistance levels 1.5250 (which stopped the previous intermediate impulse wave (1) in June) and the upper daily Bollinger Band. EUR/CAD is expected to fall to the next sell target at the next support level 1.4960 (target price for the completion of the active wave (ii)).

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