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CADJPY approaching resistance, big potential drop!

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Dollar Kanada / Yen Jepang (FX:CADJPY)  
easyMarkets Broker  
FX:CADJPY   Dollar Kanada / Yen Jepang
Trend Analysis Harmonic Patterns Chart Patterns CAD jpy cadjpylong cadjpyshort Forex forextrading forexsignals
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trendanalysis harmonicpatterns chartpattern cad jpy cadjpylong cadjpyshort forex forextrading forexsignals
Price is approaching our first resistance (horizontal overlap resistance, 50% Fibonacci extension, 61.8% Fibonacci retracement) where we might see a drop in price to our major support (horizontal pullback support, 38.2% Fibonacci retracement).
Stochastic is approaching resistance as well.
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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