US stocks tumble after Trump threatens 25% tariffs on Japan, S. Korea
USD/CAD keeps falling very sharply, so either that is wave 3 in progress as part of a new bearish impulse, or it can be wave C of a corrective decline. In either case we expect more weakness as leg from 1.4017 should be made by 5 waves. That said, be aware of more downside after a corrective red wave 4), which can be a flat that will find resistance at 1.3500.
USD/CAD, 4H
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