CADJPY on STRONG RESISTANCE line
Throughout the month, the price showed steady growth and, as a result, after a rollback and correction, it came to a strong rejection line.
My guess is that the price will not be able to break this line and will fall back to the support line.
This line is really very strong, it has been holding back the price growth since 2015.
Over the past month, the price has put all its strength into growth and I assume that it will not have enough strength to break through this line. Therefore, it will fall back to the support line.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
My guess is that the price will not be able to break this line and will fall back to the support line.
This line is really very strong, it has been holding back the price growth since 2015.
Over the past month, the price has put all its strength into growth and I assume that it will not have enough strength to break through this line. Therefore, it will fall back to the support line.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
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