USD/CAD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 1.398355 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 1.40142 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.41023 |
| 2nd High | 1.40363 |
| Next High | 1.40142 |
| Current Price | 1.39972 |
| Next Low | 1.39624 |
| 2nd Low | 1.39308 |
| 3rd Low | 1.39304 |