CADJPY is approaching the support level and 88.60% fibo level, a bullish harmonic pattern.
Price pulled back to the support zone in an oversold condition that might create a divergence.
The market rebounded from the support level multiple times, showing the significance of the level.
We expect a retest of the resistance level since the trend is bullish.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
Price pulled back to the support zone in an oversold condition that might create a divergence.
The market rebounded from the support level multiple times, showing the significance of the level.
We expect a retest of the resistance level since the trend is bullish.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
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