EUR/CAD – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.59981848 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 1.60271 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.61186 |
| 2nd High | 1.60382 |
| Next High | 1.60271 |
| Current Price | 1.59682 |
| Next Low | 1.59654 |
| 2nd Low | 1.59351 |
| 3rd Low | 1.5902 |
1.60271 – 1.60382 – 1.60235 – 1.59889 – 1.59929 – 1.59654 —
1.59861 – 1.59833 —
31.648527260932 – 34.610043457506 —
– —
1.60271 – 1777273200
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – – – – – – – – –