HI Guys this is overview for CADJPY Feel free share feedback in comments.
Trend Analysis
The pair in a downtrend,confirmed by the decending trenline.
Key level
Resistance Zone 104 Marked in yellow area this area previously acted as support and now a key resistance zone.
Support Area
Around 100 physological level may find demand
Conclusion
Watching for rejection near 105 to confirm a short opportunity if rejection happens next targets 102, 100
A bullish breakout 106.0 could shift momentum upward.
if you enjoyed this forecoast please show your support with like and comments your feedback is what drives me to keep creating valueable content.
Trend Analysis
The pair in a downtrend,confirmed by the decending trenline.
Key level
Resistance Zone 104 Marked in yellow area this area previously acted as support and now a key resistance zone.
Support Area
Around 100 physological level may find demand
Conclusion
Watching for rejection near 105 to confirm a short opportunity if rejection happens next targets 102, 100
A bullish breakout 106.0 could shift momentum upward.
if you enjoyed this forecoast please show your support with like and comments your feedback is what drives me to keep creating valueable content.
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Join my telegram channel
t.me/GoldkillerSignals12
Join my Vip membership channel
t.me/+hRsF7h9mMBE2NWJk
t.me/GoldkillerSignals12
Join my Vip membership channel
t.me/+hRsF7h9mMBE2NWJk
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。