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SiriusTrading
Jan 6, 2019 12:06 AM

CADJPY - catch the move up & its Reversal 

Canadian Dollar/Japanese YenFXCM

Description

CADJPY is approaching its resistance at 82.057 (0.618 Fibonacci retracement) where it could potentially reverse to its support at 80.540

EMA 21 & EMA 55 both crossed over signifying a move up.

A break in the black trend line leads us back to its support of 80.540

See previous analysis

SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE

Comment

overlap hit, expecting further move down
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