1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

CADJPY Up-Move Stalled Near Important Resistance Confluence

Discussion in 'Technical Analysis' started by Kaitlin, Oct 30, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    5,786
    Likes Received:
    0
    Recently, pullbacks from 90.50 fueled the CADJPY towards testing 92.00 round figure mark; though, 92.30-50 resistance confluence, encompassing near four month old descending trend-line and 50% Fibo of its July August down-leg, may restrict the pair's further up-move. A reversal from the present levels signals the pair's immediate test[​IMG]

    Continue reading...
     

Share This Page