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Elliott Wave#USDCAD 4H07 October 2026

#USDCAD 4H

Technical Analysis

#USDCAD 4H

After the recent extended bullish wave came to an end, we saw a price reaction at the specified resistance zone. A corrective move is expected to form, with price likely to fluctuate between the support and resistance zones.

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

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