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CADJPY Approaching Support, Potential Bounce!

Long
Canadian Dollar / Japanese Yen (FX:CADJPY)  
Tickmill Broker  
FX:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns CADJPY CAD jpy cadjpylong Forex forexsignals
3
0
trendanalysis harmonicpatterns chartpattern cadjpy cad jpy cadjpylong forex forexsignals
CADJPY is approaching its support at 84.74 (61.8% Fibonacci extension, 76.4% & 38.2% Fibonacci retracement, horizontal overlap support) where price could potentially bounce to its resistance at 85.41 (horizontal overlap resistance).
Stochastic (89, 5, 3) is approaching its support at 5.2% where a corresponding bounce could occur.
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This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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