• CADJPY reversed from resistance zone
• Likely to fall to support level 90.00
CADJPY currency pair today reversed down from the resistance zone lying between the multi-month resistance level 91.20 (which stopped the sharp uptrend in June) and the upper daily Bollinger Band.
The downward reversal from this resistance zone stopped the earlier impulse waves 3 and (3).
Given the strength of the aforementioned resistance zone, CADJPY currency pair can be expected to fall further toward the next support level 90.00 (former resistance from June and July).
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies