EUR/CAD – 1H – BUYCorrection of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 1.5125092 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of resistance at 1.51619 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.52267 |
| 2nd High | 1.51756 |
| Next High | 1.51619 |
| Current Price | 1.50791 |
| Next Low | 1.50067 |
| 2nd Low | 1.49899 |
| 3rd Low | 1.49357 |