CADJPY approaching resistance, look out for potential reversal!
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
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CADJPY approaching support, potential for a bounce!
CADJPY is expected to drop to 1st support at 81.246 where it could potentially react off and up to 1st resistance at 82.039.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
POTENTIAL SHORTS ON CADJPYCADJPY is currently showing potential to make another bearish move, Entry has been marked at 80.838 and target is marked at 76.164 , our stop loss is marked at 82.851.
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CADJPY approaching resistance, look out for potential reversal!
CADJPY is approaching its resistance at 81.192 where it is could reverse down to its support at a 80.246.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
SELL CADJPY AFTER PULLBACK From a weekly standpoint, CADJPY is a bearish . I will be looking for price to respect the support level at 79.976 and from the level, we can potentially see price retrace to re-test 81.566 (which was a previous point of support and will be resistance) before moving down to complete the move at 78.35.
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