EUR/CAD – 1H – SELLCorrection of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 1.49431 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support level at 1.50247 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51240 |
| 2nd High | 1.50555 |
| Next High | 1.50247 |
| Current Price | 1.49574 |
| Next Low | 1.49559 |
| 2nd Low | 1.49431 |
| 3rd Low | 1.49162 |