EUR/CAD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 1.50512866 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 1.50664 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51619 |
| 2nd High | 1.50680 |
| Next High | 1.50664 |
| Current Price | 1.50633 |
| Next Low | 1.50021 |
| 2nd Low | 1.49899 |
| 3rd Low | 1.49357 |