EUR/CAD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 1.50097832 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 1.50122 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51619 |
| 2nd High | 1.50680 |
| Next High | 1.50122 |
| Current Price | 1.50013 |
| Next Low | 1.49972 |
| 2nd Low | 1.49918 |
| 3rd Low | 1.49357 |