Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Current target is 1.36384 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance level at 1.36384 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37243 |
| 2nd High | 1.36734 |
| Next High | 1.36384 |
| Current Price | 1.36367 |
| Next Low | 1.36031 |
| 2nd Low | 1.35931 |
| 3rd Low | 1.35551 |
1.36384 – 1.36359 – 1.36372 – 1.36031 – 1.35931 – 1.35971 —
1.36363 – 1.36314 —
61.760077610782 – 49.312227047174 —
– —
1.36384 – 1771270200
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –