With a now prominent text-book evident on the (highlighted blue box), EUR/CAD looks ready to move higher
back to the 1.54200 - a key weekly Fibonacci 0% level @ 1.54339.
Note: Should prices close above the first target of 1.50300, expect target 2 insight.
1. Daily candle closed above Weekly 23.6% Fibonacci Levels located @ 1.48399
2. Weekly (support) is still intact and yet to be broken
3. - found near key weekly and Fibonacci support levels
1. Weekly chart shows a long tailed , which could signal a reversal once price move
to key daily & weekly resistance levels.
Target 1: 1.50300
Target 2: 1.54339
Ideally place - @ 1.46591 (tip of bull )
Conservatively place - @ 1.46228 (below pattern)