EUR/CAD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1.49417 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 1.49541 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.50555 |
| 2nd High | 1.50247 |
| Next High | 1.49541 |
| Current Price | 1.49496 |
| Next Low | 1.49417 |
| 2nd Low | 1.49162 |
| 3rd Low | 1.48881 |