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Canadian Dollar / Japanese Yen
Short

CADJPY Approaching Resistance, Potential Reversal

1 092
CADJPY is approaching its resistance at 85.68 (61.8% Fibonacci extension, 61.8% & 23.6% Fibonacci retracement, horizontal swing high resistance) where it could potentially reverse down to its support at 85.32 (61.8% Fibonacci retracement, horizontal swing low support). Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
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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audCADCADJPYChart PatternschfEURGBPHarmonic PatternsjpyNZDTrend Analysis

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audCADCADJPYChart PatternschfEURGBPHarmonic PatternsjpyNZDTrend 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:

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.