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Elliott Wave#USDCAD 1H16 October 2026

#USDCAD 1H

Technical Analysis

#USDCAD 1H

The recent bearish wave is expected to extend toward the marked support levels, where a potential trend reversal may occur.

Otherwise, the downtrend may continue toward the next support levels.

⚠️ Price reaction to key levels and proper risk management will play an important role in confirming the next market scenario.

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