CADJPY broke key support, expect further drop!
Price is facing bearish pressure from our first resistance and Ichimoku cloud where we can expect a further drop to our first support level at 82.69 (horizontal pullback support, 61.8% Fibonacci retracement). RSI is also seeing a bearish exit.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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