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CADJPY Approaching Resistance, Potential Reversal

Short
Canadian Dollar / Japanese Yen (FX:CADJPY)  
ICmarkets Broker  
FX:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns CADJPY CAD jpy GBP EUR chf NZD aud
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trendanalysis harmonicpatterns chartpattern cadjpy cad jpy gbp eur chf nzd aud
CADJPY is approaching its resistance at 86.67 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it could potentially reverse down to its support at 85.76 (50% Fibonacci retracement, horizontal swing low support). Stochastic (55, 5, 3) is approaching its resistance at 98% where a corresponding reversal could occur.
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