CADJPY fall in two steps
The price has recently dropped from the resistance at 82.20.
During the fall, she broke through the support level.
But then it corrected and returned to the 81.60 level.
Now the price starts to rise towards the resistance zone.
This strong zone is formed by the 2018 resistance line.
+ resistance line of summer 2020.
The price started to rise from support level 81.60.
I expect the price to collapse after reaching the resistance zone 82.28.
It will break through the strong 81.60 level and come to support.
The target is 80.95.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
During the fall, she broke through the support level.
But then it corrected and returned to the 81.60 level.
Now the price starts to rise towards the resistance zone.
This strong zone is formed by the 2018 resistance line.
+ resistance line of summer 2020.
The price started to rise from support level 81.60.
I expect the price to collapse after reaching the resistance zone 82.28.
It will break through the strong 81.60 level and come to support.
The target is 80.95.
---------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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