EUR/CAD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.461405 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 1.47052 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.48032 |
| 2nd High | 1.47413 |
| Next High | 1.47052 |
| Current Price | 1.46832 |
| Next Low | 1.45943 |
| 2nd Low | 1.45355 |
| 3rd Low | 1.44868 |