USD/CAD – 30M – SELL
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 1.3573795 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support zone at 1.36072 should always be considered.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.36230 |
2nd High | 1.36226 |
Next High | 1.36072 |
Current Price | 1.35840 |
Next Low | 1.35802 |
2nd Low | 1.35664 |
3rd Low | 1.35657 |