EUR/CAD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 1.49055 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support zone at 1.49850 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.50221 |
| 2nd High | 1.50072 |
| Next High | 1.49850 |
| Current Price | 1.49253 |
| Next Low | 1.49055 |
| 2nd Low | 1.49009 |
| 3rd Low | 1.48873 |