Klimex

CADJPY Testing Resistance, Potential Reversal

Short
FX:CADJPY   Canadian Dollar / Japanese Yen
CADJPY is testing its resistance at 82.26 (61.8% Fibonacci extension , 38.2% Fibonacci retracement , horizontal overlap resistance) where it could potentially reverse down to its support at 79.36 (61.8% Fibonacci extension , 61.8% Fibonacci retracement , Horizontal swing low support).

Stochastic (55, 5, 3) is testing its resistance at 99% where a potential reversal could occur.

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