EUR/CAD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 1.49139 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 1.49675 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 | 1.49675 |
| Current Price | 1.49342 |
| Next Low | 1.48873 |
| 2nd Low | 1.48603 |
| 3rd Low | 1.48346 |