CADJPY: More Downside Could Follow

FX:CADJPY   Canadian Dollar / Japanese Yen
On the Daily chart of CADJPY             we are observing an idea of a possible new bearish cycle taking place, after a sharp fall was made labeled as blue wave 1. This three wave move up we see as a corrective retracement in the A-B and C manner with possible reversal zones around 86.99-86.450, where Fibonacci of 61.8 can act as turning point and a resistance lower.

NEW Crypto Members Video
>> https://ew-forecast.com/service/
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out