cadjpy had previously made a fakeout in the minor downtrend. Now it is approaching this trend with volume. In case of breakout, it will rise to the channel median and also the session resistance level of 109,000. In case of breakout of the 109,000 level, it will rise to the upper region of the channel, 111,000.
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.