CADJPY Testing Resistance, Potential Reversal
CADJPY is testing its resistance at 82.12(61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) where a reversal to its support at 79.66 (50% Fibonacci retracement) may occur.
Stochastic (55, 5, 3) has reversed off its resistance at 96% where a corresponding drop may occur.
Stochastic (55, 5, 3) has reversed off its resistance at 96% where a corresponding drop may occur.
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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.