– CADJPY broke key resistance level 117.00
– Likely to reach resistance level 119.00
CADJPY currency pair recently broke through the key resistance level 117.00 (which stopped the pervious sharp upward impulse wave (1) at the end of April, as can be seen below).
The breakout of the resistance level 117.00 accelerated the active impulse wave 3 of the higher order impulse wave (3) from the start of May.
Given the clear daily uptrend and the continuation of the strong yen sales, CADJPY currency pair can be expected to rise further toward the next resistance level 119.00.
Solana: ⬇️ Sell - Solana reversed from resistance zone - Likely to fall to support…
EURAUD : ⬇️ Sell - EURAUD broke the support level 1.7600 - Likely to fall…
In 2026, experts favour the yen, see modest euro growth, and expect pressure on the…
Crypto rebounds continue; Bitcoin faces resistance, with a mixed market outlook ahead, as regulatory changes…
Coca-Cola: ⬇️ Sell - Coca-Cola reversed from long-term resistance level 73.25 - Likely to fall to…
DraftKings: ⬆️ Buy - DraftKings reversed from support zone - Likely to rise to resistance level…
This website uses cookies