USD/CAD correction time?

Update: 27 April 2017/3:00 p.m. ET

USD/CAD 4-hour View [last 1.3619]:  We may have seen a five wave impulse rally completion at 1.3647, labeled wave [5].  If so, there is at least a short-term setup for move down to 1.3400-level in minor wave [c].  And if oil rebounds here (as we have been expecting a move back to 51-level in WTI futures June), $-CAD could break-down sharply.  Daily swing support levels:  1.3480/1.3260/1.3220

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