CADJPY Approaching Support, Potential Bounce!
CADJPY is approaching its support at 84.80 (100% Fibonacci extension x2, 76.4% Fibonacci retracement, horizontal swing low support) where price could bounce to its resistance at 85.43 (50% Fibonacci retracement, horizontal pullback resistance).
Stochastic (89, 5, 3) is approaching its support at 3.6% where a corresponding bounce could occur.
Stochastic (89, 5, 3) is approaching its support at 3.6% where a corresponding bounce could occur.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.