Hello everyone,
A good opportunity has been detected on the CAD/JPY pair.
After strong upward movement on the CAD/JPY, the price
found resistance on a strong resistance point, pulled back
and is currently correcting to the downside.
We are expecting the price to reach approximately the 80.70
price level, where we have a 38.2% Fibonacci retracement level,
an upward trendline, as well as the 50 Moving Average.
A good opportunity has been detected on the CAD/JPY pair.
After strong upward movement on the CAD/JPY, the price
found resistance on a strong resistance point, pulled back
and is currently correcting to the downside.
We are expecting the price to reach approximately the 80.70
price level, where we have a 38.2% Fibonacci retracement level,
an upward trendline, as well as the 50 Moving Average.