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CADJPY appraoching resistance, potential reversal! | 20 May 2020

Short
Canadian Dollar / Japanese Yen (FX:CADJPY)  
FXCM Broker Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns CADJPY CAD jpy cadjpylong cadjpyshort
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trendanalysis harmonicpatterns chartpattern cadjpy cad jpy cadjpylong cadjpyshort
Price is approaching our resistance in line with our 127.2% fibonacci retracement and 161.8% fibonacci extension where we could be seeing a reversal below this level to our first support level. Attached is the written version of the analysis so do check that out as well and let us know what you would like to see next!

Entry: 77.982
Stop Loss: 78.603
Take Profit: 76.506
Comment:
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