Klimex

CADJPY Approaching Resistance, Potential Reversal

Short
FX:CADJPY   Canadian Dollar / Japanese Yen
CADJPY is approaching resistance at 85.93 (61.8% Fibonacci retracementx2, horizontal swing high resistance), where it could potentially reverse down to its support at 85.48 (61.8% Fibonacci retracement, price gap). Stochastic is approaching its resistance at 94% where a corresponding reversal could occur.
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