CAD/JPY
Hello everyone,
A good opportunity has been detected on the CAD/JPY pair.
After strong upward movement on the CAD/JPY, the price
found resistance on a 78.6% Fibonacci retracement level,
pulled back and is currently correcting to the downside.
We are expecting the price to reach approximately the 80.20
price level, where we have 2 Fibonacci retracement levels,
an inside support point, as well as the upcoming 50 Moving
Average.
A good opportunity has been detected on the CAD/JPY pair.
After strong upward movement on the CAD/JPY, the price
found resistance on a 78.6% Fibonacci retracement level,
pulled back and is currently correcting to the downside.
We are expecting the price to reach approximately the 80.20
price level, where we have 2 Fibonacci retracement levels,
an inside support point, as well as the upcoming 50 Moving
Average.
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