EUR/CAD – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.47354904 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance line at 1.47413 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.48422 |
| 2nd High | 1.48032 |
| Next High | 1.47413 |
| Current Price | 1.46928 |
| Next Low | 1.45943 |
| 2nd Low | 1.45355 |
| 3rd Low | 1.44868 |