CADJPY Approaching Support, Potential Bounce!

١٠ أغسطس ٢٠١٨

CADJPY is approaching its support at 84.74 (61.8% Fibonacci extension, 76.4% & 38.2% Fibonacci retracement, horizontal overlap support) where price could potentially bounce to its resistance at 85.41 (horizontal overlap resistance).
Stochastic (89, 5, 3) is approaching its support at 5.2% where a corresponding bounce could occur.
Trading CFDs on margin carries high risk. \u2028Losses can exceed the initial investment so please ensure you fully understand the risks.