USD/CAD – 30M – SELLCorrection of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 1.3479564 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of support at 1.35393 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35817 |
| 2nd High | 1.35409 |
| Next High | 1.35393 |
| Current Price | 1.34837 |
| Next Low | 1.34633 |
| 2nd Low | 1.34623 |
| 3rd Low | 1.34572 |