USD/CAD – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.40165 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 1.4062 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.41396 |
| 2nd High | 1.41258 |
| Next High | 1.4062 |
| Current Price | 1.39954 |
| Next Low | 1.3971 |
| 2nd Low | 1.39265 |
| 3rd Low | 1.38876 |
1.4062 – 1.40576 – 1.40387 – 1.3971 – 1.40235 – 1.4014 —
1.39988 – 1.39968 —
46.922302915034 – 47.381068972513 —
– —
1.40620 – 1763445600