USD/CAD – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 1.38186404 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance level at 1.38382 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.38382 |
| Current Price | 1.37934 |
| Next Low | 1.37710 |
| 2nd Low | 1.37468 |
| 3rd Low | 1.37246 |