USD/CAD – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 1.35327 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 1.36002 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36845 |
| 2nd High | 1.36470 |
| Next High | 1.36002 |
| Current Price | 1.35572 |
| Next Low | 1.35465 |
| 2nd Low | 1.35327 |
| 3rd Low | 1.34654 |