EUR/CAD – Elliott Wave Analysis

Timeframe: 16H
πŸ”Ή The market is in a Wave (3) uptrend.
πŸ”Ή Expecting Wave 4 retracement into the POI zone (38.2% - 50% Fibonacci).
πŸ”Ή A bullish continuation towards Wave 5 likely after retracement.

πŸ“ Key Zone: 1.5400 - 1.5500 for potential long entries.
🎯 Target: 1.6200+

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