USD/CAD – 30M – SELLCorrection of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 1.358435 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 1.35998 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36226 |
| 2nd High | 1.36043 |
| Next High | 1.35998 |
| Current Price | 1.35906 |
| Next Low | 1.35664 |
| 2nd Low | 1.35657 |
| 3rd Low | 1.35647 |