Buy USD/CAD – 30M – BUY

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.3854984 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 1.38682 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High
2nd High
Next High 1.38682
Current Price 1.38590
Next Low 1.38122
2nd Low 1.37851
3rd Low 1.37710

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