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CADJPY testing resistance, potential reversal!
CADJPY is testing its resistance at 85.04 (50% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse and fall to its support at 83.12 (horizontal swing low support).
Stochastic (89, 5, 3) is testing resistance at 94% where a corresponding reaction could occur.
Stochastic (89, 5, 3) is testing resistance at 94% where a corresponding reaction could occur.
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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