Technical analysis for trading/investing
Technical analysis for trading/investing
CAD/JPY | Currencies | Trend notes for 2021
The pair rejected strong support around 75.00 and started a bullish run. At the moment the price is attempting break above both dynamic and horizontal resistance between 81.50 – 82.00. If we see break above that resistance, we may see rise first toward 84.50 – 85.00, and second toward 88.50 – 91.00 resistance.
Monthly chart:
Weekly chart:
The price is approaching key resistance between 117.70 – 118.60, rejection of the resistance will…
The price broke above key dynamic and horizontal resistance and is now within its 3rd…
The price is in consolidation within a range, the top of this range is the…
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