USD/CAD – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 1.38382 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 1.37928 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.38382 |
| Next High | 1.37928 |
| Current Price | 1.37560 |
| Next Low | 1.37246 |
| 2nd Low | 1.34720 |
| 3rd Low | 1.34633 |