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MlungisiThekisoKa-Maqina
3 Th01 2018 10:49

is the CADJPY set to go lower or will it break resistance? 

CAD/JPYOANDA

Mô tả

Entry into the market is indicated in green horizontal lines and target points in navy blue.

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DISCLAIMER:
This information is provided as an opinion only and is in no way meant to be used for trading purposes.

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The pair closed above the rising trendline (yellow zone) forming resistance - the next resistance for the pair sits at 90.59

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90.59 resistance and 91.268 resistance levels breached.
A close above 91.268 would potentially open up to the next resistance level at the rising trend line.

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Will keep monitoring this pair, as 90.594 now acts as support. Daily close is key.

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pair failed to close upside. but headed for downward targets.

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