USD/CAD – 30M – SELL
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 1.3479564 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of support at 1.35393 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.35817 |
2nd High | 1.35409 |
Next High | 1.35393 |
Current Price | 1.34837 |
Next Low | 1.34633 |
2nd Low | 1.34623 |
3rd Low | 1.34572 |