EUR/CAD – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 1.50388872 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 1.50589 should always be considered.
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 | 1.50589 |
| Current Price | 1.50401 |
| Next Low | 1.49968 |
| 2nd Low | 1.49913 |
| 3rd Low | 1.49741 |