USD/CAD – 30M – SELLCorrection of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.35644 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support level at 1.35998 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36226 |
| 2nd High | 1.36043 |
| Next High | 1.35998 |
| Current Price | 1.35676 |
| Next Low | 1.35657 |
| 2nd Low | 1.35647 |
| 3rd Low | 1.35644 |