USD/CAD – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 1.4411618 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance line at 1.44469 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.44669 |
| 2nd High | 1.44632 |
| Next High | 1.44469 |
| Current Price | 1.43824 |
| Next Low | 1.43751 |
| 2nd Low | 1.43646 |
| 3rd Low | 1.43388 |