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. Target of the current trend is 1.36161 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance level at 1.36161 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.36845 |
2nd High | 1.36185 |
Next High | 1.36161 |
Current Price | 1.36098 |
Next Low | 1.35459 |
2nd Low | 1.34654 |
3rd Low | 1.34653 |