USD/CAD – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 1.37954 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 1.38382 could be enabled.
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 | 1.38382 |
| Current Price | 1.37736 |
| Next Low | 1.37703 |
| 2nd Low | 1.37526 |
| 3rd Low | 1.37246 |