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Jeuvici
Jan 25, 2016 9:00 AM

CADJPY 

Canadian Dollar/Japanese YenFXCM

Description

CADJPY stalled at 0.618 retracement level of move from 87.4 to 78.9
To watch closely how the pair acts
Similarly, RSI bearish divergence can be observed in USOIL
The move up may just be a retracement due to oversold conditions rather than a reversal

Expecting support/target levels on white support line, 83.16, 82.68, 82.12, 80.9

Comment

UPDATE: 83.16, 82.68 met
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