CADJPY is appproaching our first support at 82.20 (horizontal swing low support, 61.8%, 100% fibonacci extension, 78.6% fibonacci retracement) where a strong bounce in price might occur pushing price up to our major resistance at 83.66 (horizontal overlap resistance, 23.6% fibonacci retracement, 100% fibonacci extension).
Stocahstic (89,5,3) is also approaching support and a strong bounce above this level might see a corresponding bounce in price.
Stocahstic (89,5,3) is also approaching support and a strong bounce above this level might see a corresponding bounce in price.
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Come join us today at : easymarkets.com/
Disclaimer
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.