The pairUSD/CAD remains likely to grow. Estimated pivot point is at a level of 1.3314.
Main scenario: long positions should be considered from corrections above the level of 1.3314 with a target of 1.3500 – 1.3564.
Alternative scenario:breakout and consolidation below the level of 1.3314 will allow the pair to continue declining to the levels of 1.3201 – 1.3145.
For more information follow the link to the website of the LiteForex
https://www.liteforex.com/blog/analysts-opinions/usdcad-elliott-wave-analysis-and-forecast-for-06032020---13032020/?uid=285861726&cid=58534