CADJPY Approaching Resistance, Potential Reversal!

CADJPY is approaching resistance at 85.90 (100% & 61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal pullback resistance) where it could reverse down to its support at 83.78 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal pullback support).
Stochastic (89, 5, 3) is approachign its resistance at 99% where a corresponding reversal.
CADCADJPYcadjpyshortChart PatternsForexforexsignalsHarmonic PatternsjpyTrend Analysis

IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
Also on:

Disclaimer