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CADJPY Testing Resistance, Potential Reversal!
CADJPY is testing its resistance at 85.78 (76.4% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap resistance) where it could potentially fall to its support at 84.34 (38.2% Fibonacci retracement, horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance at 98% where a corresponding reversal could occur.
Stochastic (89, 5, 3) is approaching its resistance at 98% where a corresponding reversal could occur.
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