Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.41931 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the resistance zone at 1.41931 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.42959 |
| 2nd High | 1.42734 |
| Next High | 1.41931 |
| Current Price | 1.41831 |
| Next Low | 1.41505 |
| 2nd Low | 1.41449 |
| 3rd Low | 1.41343 |
1.41931 – 1.41592 – 1.41464 – 1.41505 – 1.41449 – 1.4159 —
1.41762 – 1.41834 —
60.231504627126 – 59.138125678248 —
– —
1.41931 – 1782120600
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –