CADJPY is now at resistance. we can expect downside momentum now

CADJPY is now at resistance. we can expect downside momentum now
Support is between the price of 103.67 and 102.87
Resistance is between the price of 109.17 and 108.22
There is a point where the price is consolidating 106.67 and 106.27
Now the price is at resistance zone so now we can expect the price may come down, we can see the price touches the resistance multiple time.
according to my analysis it suggests the :-
Entry price :- 108.692
Take Profit :- 107.443
Stop loss :- 109.941
Support is between the price of 103.67 and 102.87
Resistance is between the price of 109.17 and 108.22
There is a point where the price is consolidating 106.67 and 106.27
Now the price is at resistance zone so now we can expect the price may come down, we can see the price touches the resistance multiple time.
according to my analysis it suggests the :-
Entry price :- 108.692
Take Profit :- 107.443
Stop loss :- 109.941
Trade active
Trade is now active. open the position within the resistance zone.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.
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.