Charts: 1 Day,1Week.
Indicators: Fibonacci Retracemets;Fibonancci Fan Lines 1D, 1W TF;Support & Resistance Levels,RSI
Current Level : 95.34
CAD/JPY has finally encounter a Resistance at (101.33) after that strong bullish trend of 2800 pips that started almost two years ago. From there as can been seen on the chart there where 4 consistent attempts to break lower 92.00 level ,unsuccesfull though, and that helped formed a small range area between (92.00 )& (97.50 ). I forecast that th…
Indicators: Fibonacci Retracemets;Fibonancci Fan Lines 1D, 1W TF;Support & Resistance Levels,RSI
Current Level : 95.34
CAD/JPY has finally encounter a Resistance at (101.33) after that strong bullish trend of 2800 pips that started almost two years ago. From there as can been seen on the chart there where 4 consistent attempts to break lower 92.00 level ,unsuccesfull though, and that helped formed a small range area between (92.00 )& (97.50 ). I forecast that th…