USD/CAD – 30M – SELLCorrection of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 1.35609228 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 1.36161 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36230 |
| 2nd High | 1.36185 |
| Next High | 1.36161 |
| Current Price | 1.35752 |
| Next Low | 1.35731 |
| 2nd Low | 1.35612 |
| 3rd Low | 1.35459 |