CADJPY Approaching Resistance, Potential Reversal

2018年11月26日

CADJPY is approaching its resistance at 85.68 (61.8% Fibonacci extension, 61.8% & 23.6% Fibonacci retracement, horizontal swing high resistance) where it could potentially reverse down to its support at 85.32 (61.8% Fibonacci retracement, horizontal swing low support). Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.