CADJPY is approaching resistance, potential for a drop!
CADJPY is approaching its resistance at 82.358 (100% Fibonacci extension, 61.8% Fibonacci retracement) where price could react off and potentially fall to its 1st support at 81.796 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support), if it breaks past this level, it could fall to its next support at 80.908 (100% Fibonacci extension, 78.6% Fibonacci retracement).
Stochastic (55, 5, 3) is approaching its resistance at 96.6% where a corresponding reaction could occur.
Stochastic (55, 5, 3) is approaching its resistance at 96.6% where a corresponding reaction could occur.
Trade fechado: objetivo atingido
woohoo! dropped nicely to our 1st support target!
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