EUR/CAD – 30M – SELLCorrection of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 1.504805 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 1.50792 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51506 |
| 2nd High | 1.50809 |
| Next High | 1.50792 |
| Current Price | 1.50584 |
| Next Low | 1.50310 |
| 2nd Low | 1.50286 |
| 3rd Low | 1.50152 |