USD/CAD – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 1.36226 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 1.36226 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37368 |
| 2nd High | 1.36845 |
| Next High | 1.36226 |
| Current Price | 1.35886 |
| Next Low | 1.35644 |
| 2nd Low | 1.35459 |
| 3rd Low | 1.34654 |