Wave Analysis 13.03.2015 USD CAD

USD CAD, “US Dollar vs Canadian Dollar”

The chart structure has changed a little bit. Most likely, wave (4) of [3] has taken the form of horizontal triangle with zigzag E of (4) of [3] inside it. So, probably, in the near term, the price may continue moving upwards inside wave 5 of (5) of [3].





It looks like the market has finished wave 4 of (5) of [3] in the form of zigzag and started forming a new ascending impulse inside wave 5 of (5) of [3]. The market is expected to grow and pass 1.2800.