CADJPY Approaching Resistance, Potential Reversal!
CADJPY is approaching its resistance at 83.336(100% Fibonacci extension , horizontal pullback resistance, 61.8% Fibonacci retracement) where it could reverse down to its support at 82.701 (38.2%Fibonacci retracement , horizontal pullback support).
Stochastic (34, 5, 3) is approaching its resistance at 95% where a corresponding reversal is expected.
Stochastic (34, 5, 3) is approaching its resistance at 95% where a corresponding reversal is expected.
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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.