USD/CAD – 30M – SELL
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 1.35612 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support level at 1.36043 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.36230 |
2nd High | 1.36226 |
Next High | 1.36043 |
Current Price | 1.35708 |
Next Low | 1.35644 |
2nd Low | 1.35612 |
3rd Low | 1.35459 |