EUR/CAD – 1H – SELLCorrection of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.49648 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support zone at 1.50950 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51619 |
| 2nd High | 1.51506 |
| Next High | 1.50950 |
| Current Price | 1.49727 |
| Next Low | 1.49648 |
| 2nd Low | 1.48873 |
| 3rd Low | 1.48603 |