USD/CAD – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.39536188 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 1.39593 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.39670 |
| Next High | 1.39593 |
| Current Price | 1.39452 |
| Next Low | 1.39249 |
| 2nd Low | 1.39166 |
| 3rd Low | 1.39142 |