as the dollar rises the canadian dollar will also rise against the japanese yen
full drop into the 38.2 retracement level of the full uptrend
THE fall is the most important so be ready for that one
All the other pairs going against USD will be dropping as the mother predator rise. COUNTERTREND
IT JUST HIT THE 78.90% FIB RET LEVEL AND BUYERS ARE GIVING UP THE TREND AS WE SEE
As we can see in the triangle there has been the formation of retesting the resistance level and if price shows weakness and breaks the first support under the resistance, it will mean that sellers are taking over the market so selling will be a very good idea and main target will be between the 61.8 and 78.6 retracement levels.
Support and Resistance levels It continues as it recently rebounded of the support of June 2016 and january 2019 and also the resistance of january 2020. TRENDLINE It also did touch the trendline of november 2014, november 2017 and did touch it again after the same 3 years difference in november 2020. Head and shoulder pattern we can see it at the...
THATS just my idea trade on your own risk