EUR/CAD

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EUR/CADEUR/CADOANDA:EURCADElrouby EUR/CAD Analysis Timeframe: 4H After the price rebounded from the key support zone at 1.5968 – 1.5908, clear bullish signals have appeared on the pair, along with a breakout of a smaller falling wedge pattern, which further supports the current bullish outlook. Bullish Scenario (Most Likely): Targets: • First target: 1.6137 • Second target: 1.631 Condition for Bullish Continuation: The bullish outlook remains valid as long as the price holds above 1.5875. A break below this level may weaken the positive scenario and bring back selling pressure on the pair.