EUR/CAD – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.48735 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 1.49396 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51506 |
| 2nd High | 1.50709 |
| Next High | 1.49396 |
| Current Price | 1.49048 |
| Next Low | 1.48735 |
| 2nd Low | 1.47999 |
| 3rd Low | 1.47267 |