CADJPY Approaching Resistance, Potential For A Reversal
CADJPY is approaching its resistance at 87.45 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it could reverse down to its support at 86.23 (38.2% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal could.
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal could.
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