USD/CAD – 30M – BUYCorrection of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 1.40007124 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance zone at 1.40207 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.41023 |
| 2nd High | 1.40363 |
| Next High | 1.40207 |
| Current Price | 1.39800 |
| Next Low | 1.39508 |
| 2nd Low | 1.39273 |
| 3rd Low | 1.39249 |