CADJPY Approaching Resistance, Potential For A Reversal
CADJPY is approaching its resistance at 86.69 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where it could reverse down to its support at 85.83 (50% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) is approaching its resistance at 98% where a corresponding reversal could occur.
Stochastic (55, 5, 3) is approaching its resistance at 98% where a corresponding reversal could occur.
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