USD/CAD – 4H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.35252 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 1.37142 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.3949 |
| 2nd High | 1.38775 |
| Next High | 1.37142 |
| Current Price | 1.36231 |
| Next Low | 1.35252 |
| 2nd Low | 1.35039 |
| 3rd Low | 1.34812 |
1.37142 – 1.38775 – 1.3949 – 1.36308 – 1.38689 – 1.36696 —
1.36916 – 1.36218 —
48.847380788152 – 34.442441617775 —
– —
1.37142 – 1777003200
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –