USD/CAD – 1H – SELLCorrection of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 1.40070844 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 1.40663 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.40893 |
| 2nd High | 1.40828 |
| Next High | 1.40663 |
| Current Price | 1.40300 |
| Next Low | 1.40100 |
| 2nd Low | 1.40089 |
| 3rd Low | 1.39847 |