USD/CAD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 1.35781352 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support zone at 1.35944 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36226 |
| 2nd High | 1.36043 |
| Next High | 1.35944 |
| Current Price | 1.35870 |
| Next Low | 1.35657 |
| 2nd Low | 1.35647 |
| 3rd Low | 1.35644 |