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. Target of the current trend is 1.49918 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support line at 1.50122 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51619 |
| 2nd High | 1.50680 |
| Next High | 1.50122 |
| Current Price | 1.50049 |
| Next Low | 1.49918 |
| 2nd Low | 1.49357 |
| 3rd Low | 1.49162 |