CADJPY Approaching Resistance, Potential Reversal!
CADJPY is approaching its resistance at 82.62 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal pullback resistance) where it is could reverse down to its support at 81.80 (50% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 97% where a corresponding reversal is expected.
Stochastic (55, 5, 3) is approaching its resistance at 97% where a corresponding reversal is expected.
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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.