USD/CAD – 30M – SELL
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 1.35327 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 1.36002 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.36845 |
2nd High | 1.36470 |
Next High | 1.36002 |
Current Price | 1.35566 |
Next Low | 1.35327 |
2nd Low | 1.34654 |
3rd Low | 1.34653 |