EUR/CAD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 1.50035 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 1.50449 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51756 |
| 2nd High | 1.51619 |
| Next High | 1.50449 |
| Current Price | 1.50223 |
| Next Low | 1.50152 |
| 2nd Low | 1.50035 |
| 3rd Low | 1.49357 |