USD/CAD – 30M – SELLCorrection of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is certain. Current target is 1.36959844 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 1.37071 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Eine Korrektur des großen bulligen Trends brach durch das Fibonacci 0-Level.Eine Fortsetzung des aktuell absteigenden Trends ist möglich. Derzeitiges Ziel ist 1.36959844 am Fibonacci Level 0.24-Level. Vorsicht: Ein Gegentrend in die Richtung des Support-Levels bei 1.37071 ist auch möglich.
Im Fall eines Trades immer entsprechende Stop-Loss Einstellungen setzen.
The pair US Dollar/Canadian Dollar (USD/CAD) goes from the ascending trendline downwards
A bearish descent down to the next support line at 1.36704 is expected.
Caution: A possible counter-trend in the direction of resistance at 1.37071 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Das Währungspaar US Dollar/Canadian Dollar (USD/CAD) tendiert von der bulligen Trendlinie abwärts
Ein bäriger Trend nach unten zur nächsten Unterstützungslinie bei 1.36704 wird wahrscheinlich erwartet.
Vorsicht: Eine Umkehr des Trends in Richtung der Widerstandslinie bei 1.37071 ist auch möglich.
Bitte im Fall eines Trades entsprechend Stop-Loss Einstellungen vornehmen.
The combination US Dollar/Canadian Dollar (USD/CAD) jumps from the bullish trendline down.
The bearish trend downwards to the next support at 1.36704 will continue.
Caution: A possible trend reversal in the direction of resistance at 1.37071 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend will continue. Current target is 1.36959844 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 1.37071 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37425 |
| 2nd High | 1.37314 |
| Next High | 1.37071 |
| Current Price | 1.37055 |
| Next Low | 1.36704 |
| 2nd Low | 1.36692 |
| 3rd Low | 1.36600 |
1.37071 – 1.37030 – 1.37041 – 1.36704 – 1.36692 – 1.36766
Trading Signals: FOREX – USD – USD/CAD – CAD – Three Black Crows