CADJPY is reversing nicely from our major resistance level at 82.73 (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance, bearish divergence) and a strong drop could occur from here. We’re seeing intermediate support at 82.40 (horizontal overlap support, Fibonacci retracement) which needs to be broken to trigger a bigger drop down to major support at 81.33 (Fibonacci retracement, Fibonacci extension, horizontal overlap support).
Stochastic (34,5,3) is seeing major resistance below 97% where a corresponding reaction could occur. We can also see bearish divergence vs price signalling that a reversal is impending.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (34,5,3) is seeing major resistance below 97% where a corresponding reaction could occur. We can also see bearish divergence vs price signalling that a reversal is impending.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。