USD/CAD – 30M – SELLCorrection of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.38238074 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 1.38624 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.38624 |
| Current Price | 1.38371 |
| Next Low | 1.38156 |
| 2nd Low | 1.38141 |
| 3rd Low | 1.38133 |