EUR/CAD – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 1.5146395 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance line at 1.51587 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.52267 |
| 2nd High | 1.51756 |
| Next High | 1.51587 |
| Current Price | 1.51328 |
| Next Low | 1.51012 |
| 2nd Low | 1.50410 |
| 3rd Low | 1.50364 |