CADJPY Testing Resistance, Potential Reversal!
CADJPY is testing its resistance at 86.27 (61.8% Fibonacci extension x2, 78.6% Fibonacci retracement, horizontal swing high resistance) where a reversal to its support at 84.71 (61.8% Fibonacci retracement, horizontal overlap support) could occur.
Stochastic (55, 5, 3) is approaching its resistance at 97% where a corresponding drop could occur.
Stochastic (55, 5, 3) is approaching its resistance at 97% where a corresponding drop could occur.
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