CADJPY is Approaching Resistance, Prepare for Further Drop

698



CADJPY is approaching its resistance at 84.04(100% Fibonacci extension ,61.8% Fibonacci retracement, horizontal swing high resistance) where it is expected to drop further to its support at 82.80(50% Fibonacci retracement, horizontal overlap support).

Stochastic (55, 5, 3) reversed off its resistance at 97% where a corresponding drop is expected.


Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.