USD/CAD – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0-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 1.35817 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36470 |
| 2nd High | 1.35894 |
| Next High | 1.35817 |
| Current Price | 1.35236 |
| Next Low | 1.34654 |
| 2nd Low | 1.34653 |
| 3rd Low | 1.34497 |