USD/CAD – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Current target is 1.37833 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at 1.38556 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.39463 |
| Next High | 1.38556 |
| Current Price | 1.38002 |
| Next Low | 1.37246 |
| 2nd Low | 1.34720 |
| 3rd Low | 1.34633 |