• CADJPY reversed from resistance area
• Likely to fall to support level 86.65
CADJPY currency pair recently reversed down from the resistance area located between the resistance level 88.25 (top of the previous wave (1)) the upper daily Bollinger band.
This resistance zone was strengthened by the 50%Fibonacci correction of the downward ABC correction from the end of May.
CADJPY currency pair can be expected to fall further toward the next support level 86.65 (low of the previous correction (2) and the target for the completion of wave 2).
Market picture The crypto market has lost 3.3% in the last 24 hours to $2.3…
- USDJPY broke key resistance level 155.00 - Likely to rise to resistance level 160.00…
- Ebay reversed from support level 49.35 - Likely to rise to resistance level 52.55…
Even though the Bank of Japan left the key rate and parameters of the QE…
Market picture Market Dynamics: The cryptocurrency market stabilised, losing just 0.1% of capitalisation and dropping to…
- GBPCAD reversed from key support level 1.6910 - Likely to rise to resistance level…
This website uses cookies