Based on the
Elliott Wave analysis AUD/CAD is headed much more lower (see
Figure 1). We're in a very complex corrective pattern which suggest lower prices in the weeks and months ahead.Right now we're forming a double
zig-zag pattern of lesser degree which is based on the wave X connector of higher degree which should end near the
50 fib retracement at around the 0.8000 big round number.
Major Levels to watch: …