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Canadian Dollar / Japanese Yen
Short

CADJPY is Approaching Resistance, Prepare for Further Drop


CADJPY is approaching its resistance at 84.04(100% Fibonacci extension ,61.8% Fibonacci retracement , horizontal swing high resistance) where it is expected to drop further to its support at 82.80(50% Fibonacci retracement , horizontal overlap support).

Stochastic (55, 5, 3) reversed off its resistance at 97% where a corresponding drop is expected.
ICmarkets
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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.
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CADCADJPYChart PatternsforexsignalsHarmonic PatternsjpyTrend Analysis
ICmarkets
Broker
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:

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