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UnknownUnicorn15614419

CADJPY: breakout of a strong support zone, what's next?

Long
Canadian Dollar / Japanese Yen (FX:CADJPY)  
UnknownUnicorn15614419  
FX:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis CADJPY LONG buysignals Forex
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trendanalysis cadjpy long buysignals forex
The price was able to break through the strong support zone (at that time - resistance) 89.21. This zone consists of the strong line of October 2015 and the support level. Now we can expect the price to consolidate on the line and continue to rise to the nearest resistance level of 91.59.

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