EUR/CAD – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.624165 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 1.63095 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63532 |
| 2nd High | 1.63378 |
| Next High | 1.63095 |
| Current Price | 1.62124 |
| Next Low | 1.61738 |
| 2nd Low | 1.61606 |
| 3rd Low | 1.61451 |
1.63095 – 1.62912 – 1.62861 – 1.61738 – 1.62769 – 1.62498 —
1.62153 – 1.62155 —
52.468444330493 – 52.334510641007 —
– —
1.63095 – 1763445600