EUR/CAD – 30M – SELLCorrection of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 1.49568174 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of support at 1.49662 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.50221 |
| 2nd High | 1.50072 |
| Next High | 1.49662 |
| Current Price | 1.49608 |
| Next Low | 1.49573 |
| 2nd Low | 1.49526 |
| 3rd Low | 1.49431 |