CADJPY: Gigantic Shooting Star at Resistance
Major rejection/pin bar at a confluence of technical resistance levels, the 200-days SMA the 50 percent retracement for the overall bearish wave and the previously broken rising support.
We will probably head lower next week, and as long as 94.90 is holding, First downside target at 93.40-93.30 support level.
Good Luck, Join me @:
twitter.com/thefxchannel
thefxchannel.com
We will probably head lower next week, and as long as 94.90 is holding, First downside target at 93.40-93.30 support level.
Good Luck, Join me @:
twitter.com/thefxchannel
thefxchannel.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.