CADJPY Approaching Resistance, Potential Reversal
CADJPY is approaching its resistance at 80.62 (23.6% Fibonacci retracement, horizontal pullback resistance) where it could potentially reverse to its support at 78.75 (61.8% Fibonacci retracement, horizontal swing low support).
Stochastic (21, 5, 3) is approaching its resistance at 95% where a corresponding reversal could occur.
Stochastic (21, 5, 3) is approaching its resistance at 95% where a corresponding reversal could occur.