• CADJPY reversed from resistance zone
• Likely to fall to resistance support level 90.00
CADJPY currency pair recently reversed down from the resistance zone lying between the pivotal resistance level 91.10 (which has been reversing the price from the end of May) and the upper daily Bollinger Band.
The downward reversal from this resistance zone created the daily candlesticks reversal pattern Evening Star.
CADJPY can then be expected to fall further toward the next round support level 90.00 (former minor support from the end of May and the target for the completion of the active correction 4).
- 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…
- GBPAUD reversed from support level 1.9135 - Likely to rise to resistance level 1.9360…
This website uses cookies