EUR/CAD rising inside minor impulse wave 3

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  • EUR/CAD rising inside minor impulse wave 3
  • Next buy target - 1.5340

EUR/CAD continues to rise inside the minor impulse wave 3 which started previously with the daily Hammer from the support zone located between the support level 1.4960 (low of the previous minor correction (ii)), lower daily Bollinger Band and the 50% Fibonacci correction of the previous impulse wave 1. EUR/CAD is expected to rise toward the next buy target at the next resistance level 1.5340 (top of the previous minor impulse wave 1).

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