– CADJPY reversed from long-term resistance level 110.30
– Likely to fall to support level 108.00
CADJPY currency pair recently reversed down from the major long-term resistance level 110.30, which reversed the price twice in 2022.
The resistance level 110.30 was strengthened by the upper weekly and the daily Bollinger Bands.
Given the strength of the resistance level 110.30 and the overbought weekly Stochastic, CADJPY can be expected to fall further to the next support level 108.00.
- 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