OANDA:EURCAD   Euro / Canadian Dollar
I think this has potential to get to 1.56
If it continues 3 wave moves
Just an Idea
trade what you want
there will be longs and shorts along the way - i just think this is the direction for now

1.236 target hit long -- if both legs become even in ratio 1-1 next target would be 1.5850 - 1.59
Other possibilities exist

1-1 ratio hit -- now what to expect?
when we get to the top or 1.618 fib -- we could expect a correction (hopefully a triangle formation wave 4 with a target of 1.67 for wave 5)
or any other elliott wave correction triangle would be easiest to trade
or a complete reversal-- good luck
caught ending diagonal low time frame
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