EUR/CAD – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend will continue. Target of the current trend is 1.4985 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of resistance at 1.49850 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.50221 |
| 2nd High | 1.50072 |
| Next High | 1.49850 |
| Current Price | 1.49775 |
| Next Low | 1.48862 |
| 2nd Low | 1.48603 |
| 3rd Low |