USD/CAD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will continue. Current target is 1.38745 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 1.39064 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.39585 |
| 2nd High | 1.39222 |
| Next High | 1.39064 |
| Current Price | 1.38611 |
| Next Low | 1.38378 |
| 2nd Low | 1.38122 |
| 3rd Low | 1.37851 |