Sell USD/CAD – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1.35659 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 1.36068 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Eine Korrektur des großen bärigen Trends stoppte um das Fibonacci 0-Level.Eine Fortsetzung des aktuell absteigenden Trends ist möglich. Derzeitiges Ziel ist 1.35659 am Fibonacci Level 0-Level. Vorsicht: Eine Trendumkehr in Richtung der Support-Zone bei 1.36068 könnte erfolgen.
Stop-Loss Einstellungen entsprechend berücksichtigen.

The combination US Dollar/Canadian Dollar (USD/CAD) moves from the bearish trendline down.

A continuation of the downtrend down to the next support level at is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 1.36068 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Das Paar US Dollar/Canadian Dollar (USD/CAD) springt von der absteigenden Trendline nach unten.

Eine Fortsetzung des bearigen Trends nach unten zur nächsten Unterstützungslinie bei ist sicher.

Vorsicht: Ein Gegentrend in die Richtung des Widerstands bei 1.36068 ist im Bereich des Möglichen.
Im Fall eines Trades immer entsprechende Stop-Loss Einstellungen setzen.

The currency pair US Dollar/Canadian Dollar (USD/CAD) moves from the bearish trendline down.

A continuation of the downtrend down to the next support line at is considered certain.

Caution: A possible change in the direction of the resistance level at 1.36068 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 1.35659 at the Fibonacci level 0-Level. Caution: A possible change in the direction of support at 1.36068 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 1.36749
2nd High 1.36514
Next High 1.36068
Current Price 1.35548
Next Low
2nd Low
3rd Low

1.36068 – 1.36514 – 1.36749 – 1.35659 – 1.35921 – 1.36496

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