Main scenario:<\/strong>\u00a0long positions will be relevant from corrections above the level of 1.2465 with a target of 1.2792 \u2013 1.2920<\/p>\n Alternative scenario:<\/strong>\u00a0\u00a0breakout and consolidation below level 0.9800 will allow the pair to continue declining to the level of 1.2390.<\/p>\n Analysis:<\/strong>\u00a0supposedly, the correction has completed within 4-hour timeframe in the form of wave (2) of 5 of senior level, currently shaped like a plane, and reached the correctional level of 50%. \u00a0Apparently, the price is starting to reverse. If the presumption is correct, it is reasonable to expect the pair rise to the levels of 1.2792 \u2013 1.2920. The level 1.2390 is critical in this scenario. The pair will continue declining, having outbroken this level.<\/p>\n USD\/\u0421AD wave analysis and forecast for 05.01 \u2013 12.01 Estimated pivot point is at a level of \u00a01.2465.\u00a0 Main scenario:\u00a0long positions will be relevant from corrections above the level of 1.2465 with a target of 1.2792 \u2013 1.2920 Alternative scenario:\u00a0\u00a0breakout … Continue reading ![\"\"](\"http:\/\/www.forexguru.pk\/wp-content\/uploads\/2018\/01\/USDCADH1.png\")
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