Then a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.
Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is likely expected. Current target is 1.42478 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance level at 1.42472 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.42959 |
| 2nd High | 1.42478 |
| Next High | 1.42472 |
| Current Price | 1.41860 |
| Next Low | 1.41688 |
| 2nd Low | 1.39502 |
| 3rd Low | 1.38989 |
1.42472 – 1.42478 – 1.40235 – 1.41688 – 1.39502 – 1.38989 —
1.42241 – 1.41882 —
54.200662762145 – 37.073693386216 —
– —
1.42472 – 1782820800
Trading Signals: FOREX – USD – USD/CAD – CAD – – – – – – – – – –