USD/CAD – 30M – SELLCorrection of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 1.35743396 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 1.36226 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36402 |
| 2nd High | 1.36230 |
| Next High | 1.36226 |
| Current Price | 1.35895 |
| Next Low | 1.35644 |
| 2nd Low | 1.35612 |
| 3rd Low | 1.35459 |