CADJPY return to level / Fall
The price jumped last week.
Broke the resistance level 86.84.
But then it stopped at the resistance zone of 87.85.
The basis of the zone is a strong line (May 2020)
After the breakdown of the resistance level 86.84, the price reversed in the 87.85 zone and fell back to the level.
The price broke it earlier this week.
I expect it to continue falling towards support.
The target is 84.89.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
Broke the resistance level 86.84.
But then it stopped at the resistance zone of 87.85.
The basis of the zone is a strong line (May 2020)
After the breakdown of the resistance level 86.84, the price reversed in the 87.85 zone and fell back to the level.
The price broke it earlier this week.
I expect it to continue falling towards support.
The target is 84.89.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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