Get started
ChrisLaw1

CADJPY: Long From Overlap Support

Long
Canadian Dollar / Japanese Yen (OANDA:CADJPY)  
ChrisLaw1  
OANDA:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Technical Indicators
0
0
trendanalysis indicator
Price is currently in a robust support zone slightly above the 61.8% Fibonacci projection.
I think a bounce from this level could propel the price to the resistance level which is a pullback resistance and also lines up with the 61.8% fib retracement
I'm bullish and biased
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.