EUR/CAD – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.49648716 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 1.49396 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51506 |
| 2nd High | 1.50709 |
| Next High | 1.49396 |
| Current Price | 1.49080 |
| Next Low | 1.49075 |
| 2nd Low | 1.48881 |
| 3rd Low | 1.48843 |