CADJPY: Important Level To Watch...

2020年12月9日

From my chart, we can see that that price is currently at a resistance level @81.50 price level without any form of clean breakout to the BULLISH side. As of now, I am leaning towards seeing a potential rejection from here. Crucial to see a nice BEARISH candle tomorrow to confirm our stance of a potential fakeout from 1.618 fib level as well. I will be seeing a possible BEARISH movement to the support level @80.40. Remember to observe this trade if you plan to enter.

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