EUR/CAD – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Target of the current trend is 1.50233 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at 1.50950 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51619 |
| 2nd High | 1.51506 |
| Next High | 1.50950 |
| Current Price | 1.50303 |
| Next Low | 1.49781 |
| 2nd Low | 1.48862 |
| 3rd Low | 1.48603 |