USD/CAD – 1H – BUY
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 1.36226 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 1.36043 could happen.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.36845 |
2nd High | 1.36226 |
Next High | 1.36043 |
Current Price | 1.35950 |
Next Low | 1.35647 |
2nd Low | 1.35644 |
3rd Low | 1.35459 |