USD/CAD – 30M – SELLCorrection of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.37709184 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support zone at 1.38382 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.39463 |
| 2nd High | 1.38556 |
| Next High | 1.38382 |
| Current Price | 1.37919 |
| Next Low | 1.37828 |
| 2nd Low | 1.37801 |
| 3rd Low | 1.37703 |