EUR/CAD – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend will continue. Target of the current trend is 1.50247 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 1.50247 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.50589 |
| 2nd High | 1.50555 |
| Next High | 1.50247 |
| Current Price | 1.50121 |
| Next Low | 1.49357 |
| 2nd Low | 1.49162 |
| 3rd Low | 1.48881 |