Buy USD/CAD – 1H – BUY

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.37833 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 1.38556 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High
2nd High 1.39463
Next High 1.38556
Current Price 1.37943
Next Low 1.37246
2nd Low 1.34720
3rd Low 1.34633

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