CADJPY is approaching our first support at 83.83 (horizontal swing low support, 61.8% Fibonacci retracement, 100% Fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 85.51 (61.8% Fibonacci retracement, 61.8% Fibonacci extension).
Stochastic (89,5,3) is also bouncing off our support where we might see a corresponding rise in price.
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