USD/CAD – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 1.36044988 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance line at 1.35998 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36226 |
| 2nd High | 1.36043 |
| Next High | 1.35998 |
| Current Price | 1.35844 |
| Next Low | 1.35664 |
| 2nd Low | 1.35647 |
| 3rd Low | 1.35644 |