CADJPY is approaching its resistance, potential for a drop!
CADJPY is approaching its resistance at 83.555 (100% Fibonacci extension x2, horizontal swing high resistance) where a reaction could happen, causing price to fall to its 1st support at 82.689 (38.2% Fibonacci retracement x2, 23.6% Fibonacci retracement x2, horizontal pullback support). If it breaks past this support, it could fall to its next support at 81.633 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support). We have also identified another resistance at 84.768 (38.2% Fibonacci retracement, horizontal swing high resistance).
Stochastic (55, 5, 3) is testing its resistance at 98.4% where a corresponding reaction could occur.
Stochastic (55, 5, 3) is testing its resistance at 98.4% where a corresponding reaction could occur.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.