EUR/CAD – 1H – BUYCorrection of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 1.500545 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 1.49675 should be noted.
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 | 1.49675 |
| Current Price | 1.49379 |
| Next Low | 1.48603 |
| 2nd Low | 1.47999 |
| 3rd Low | 1.47267 |