Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 1.55756 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 1.56580 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Northern Doji