USD/CAD – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Current target is 1.37833 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 1.37905 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.39463 |
| 2nd High | 1.38556 |
| Next High | 1.37905 |
| Current Price | 1.37848 |
| Next Low | 1.37526 |
| 2nd Low | 1.37246 |
| 3rd Low | 1.37041 |