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CADJPY Testing Resistance, Potential Reversal!

Oleh ICmarkets
Broker
CADJPY is testing its resistance at 84.21 (61.8% & 38.2% Fibonacci retracement, horizontal overlap resistance) where a reversal could occur, causing price to fall to its support at 83.08 (61.8% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
CADCADJPYcadjpyshortChart PatternsForexforexsignalsHarmonic PatternsjpyTrend Analysis
ICmarkets
Broker
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.
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