CADJPY Pull Back Long from 80.55-70

23 במרץ 2019

CADJPY is droping sharply. RSI is going towards over sold point, and by the time the pair hits its daily support at 80.55-70, it will be over stretched as well (1.618 Fib Extension). Bounce expected from that point to about 0.38% of Fib Retracement which is 82.40.