The above count is my preferred long term count, which is calling for a new rally higher in USD/CAN soon. The first target is the resistance-line near 1.0450 and a break above here will call for a much larger rally towards at least 1.3500. What is the risk to this scenario? a break below support at 0.9633 and more importantly 0.9406 will call for a new decline towards 0.9056 and likely even lower. But I think that outcome is a very low risk scenario.
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