USD/CAD – 30M – SELLCorrection of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.37988174 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 1.38323 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.38492 |
| 2nd High | 1.38362 |
| Next High | 1.38323 |
| Current Price | 1.38161 |
| Next Low | 1.38133 |
| 2nd Low | 1.37851 |
| 3rd Low | 1.37710 |