UnknownUnicorn15614419

CADJPY: the price has reached a strong resistance zone and is re

Short
FX:CADJPY   Canadian Dollar / Japanese Yen
The price reached the resistance zone of 89.02, which was formed at the intersection of a historically strong level and two lines: October 2015 and October 2019. From this resistance zone, we can expect the price to fall towards the support level of 86.54. This will be the first target when the price falls.

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