CADJPY - catch the move up & its Reversal

6 Oca 2019

CADJPY is approaching its resistance at 82.057 (0.618 Fibonacci retracement) where it could potentially reverse to its support at 80.540

EMA 21 & EMA 55 both crossed over signifying a move up.

A break in the black trend line leads us back to its support of 80.540

See previous analysis

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8 Oca 2019

Not

overlap hit, expecting further move down