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CADJPY Approaching Resistance, Potential Reversal!

Oleh Klimex

CADJPY is approaching its resistance at 83.336(100% Fibonacci extension , horizontal pullback resistance, 61.8% Fibonacci retracement) where it could reverse down to its support at 82.701 (38.2%Fibonacci retracement , horizontal pullback support).

Stochastic (34, 5, 3) is approaching its resistance at 95% where a corresponding reversal is expected.

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CADCADJPYChart PatternsforexsignalsHarmonic PatternsjpyTrend Analysis
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