RSS USD/СAD: Elliott Wave Analysis and Forecast for 17.01.25 – 24.01.25

[Crax Bot]

Major Takeaways Main scenario: Breakout and consolidation above the level of 1.4295 will allow the pair to continue rising to the levels of 1.4800 – 1.5200. A buy signal: the level of 1.4295 is broken to the upside. Stop Loss: below 1.4200, Take Profit: 1.4800 – 1.5200. Alternative scenario: After the correction ends, consider short positions below the level of 1.4295 with a target of 1.3970 – 1.3800. A sell signal: the price holds below 1.4295. Stop Loss: above 1.4350, Take Profit: 1.3970 – 1.3800. Main Scenario Consider long positions from corrections above the level of 1.4295 with a target... Read full author’s opinion and review in blog of #LiteFinance

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