CADJPY testing major resistance, prepare for a potentially huge
CADJPY is testing major 1st resistance at 87.34 (Fibonacci retracement, multiple Fibonacci extension, horizontal pullback resistance) and a strong reaction could occur at this level to push prices all the way down to major support at 80.58 (Fibonacci extension, horizontal swing low support).
Stochastic (55,5,3) is seeing major resistance at 98% where a corresponding reaction could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (55,5,3) is seeing major resistance at 98% where a corresponding reaction could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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