CADJPY is approaching its resistance at 81.717 where it is could reverse down to its support at 80.250. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
say we expect price to rise up to 1st resistance where it could potentially react off and drop down to 1st support
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
Also on:
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.