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UnknownUnicorn15614419
May 12, 2021 9:11 AM

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

Canadian Dollar/Japanese YenFXCM

Description

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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Thanks for the likes and comments.
Comments
Henry_Ross
Perfect analysis, well done mate ^_^
UnknownUnicorn15614419
@Henry_Ross, Thanks )
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