EUR/CAD – 1H – BUYCorrection of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 1.499795 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 1.49841 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.50950 |
| 2nd High | 1.50221 |
| Next High | 1.49841 |
| Current Price | 1.49494 |
| Next Low | 1.49009 |
| 2nd Low | 1.48873 |
| 3rd Low | 1.48603 |