CADJPY seeing strong bullish momentum, potential for a further r

١٨ مايو ٢٠١٨

CADJPY is seeing strong support above 86.08 (Fibonacci retracement, Fibonacci extension, horizontal pullback support, bullish ichimoku cloud, ascending support) and a bounce could occur at that level pushing prices up further towards major resistance at 86.71 (Fibonacci extension, horizontal swing high resistance).
Stochastic 55,5,3) is seeing strong ascending support where a corresponding bounce could occur soon.

Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.