CADJPY is testing its resistance at 85.04 (50% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse and fall to its support at 83.12 (horizontal swing low support).
Stochastic (89, 5, 3) is testing resistance at 94% where a corresponding reaction could occur.
Stochastic (89, 5, 3) is testing resistance at 94% where a corresponding reaction could occur.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.