– CADJPY reversed from support level 104.60
– Likely to rise to resistance level 107.00
CADJPY rising strongly after the price reversed up from the key support level 104.60, which reversed the price twice in July.
The support level 104.60 was strengthened by the 38.2% Fibonacci correction of the upward impulse from March.
Given the strength of the support level 104.60 and the clear daily uptrend, CADJPY can be expected to rise further to the next resistance level 107.00.
Welcome to Pro News Flash! 💵 The U.S. dollar slips 🏆 Major stock indices struggle…
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…
This website uses cookies