EUR/CAD – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 1.48611 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support line at 1.49996 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.51696 |
| 2nd High | 1.51400 |
| Next High | 1.49996 |
| Current Price | 1.49043 |
| Next Low | 1.48611 |
| 2nd Low | 1.48603 |
| 3rd Low |