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CADJPY Approaching Support, Potential For A Bounce

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CADJPY is approaching its support at 83.92 (100% & 61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where price could bounce up to its resistance at 85.11 (50% Fibonacci retracement, horizontal pullback resistance).
Stochastic (89, 5, 3) is approaching its support at 4% where a corresponding bounce could occur.
CADCADJPYcadjpylongChart PatternsForexforexsignalsHarmonic PatternsjpyTrend Analysis
ICmarkets
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IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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