CAD/JPY broke resistance level 83.50

CAD/JPY broke resistance level 83.50

  • CAD/JPY broke resistance level 83.50
  • Next buy target - 85.00

CAD/JPY continues to rise after the earlier breakout of the key resistance level 83.50 (which reversed the previous minor corrective wave 4 at the start of March, as can be seen below). CAD/JPY is expected to rise further toward the next buy target at the next resistance level 85.00 (former resistance level from February). Buy stop-loss can be placed below the aforementioned price level 83.50.

Similar

Latest news

GBP/USD: confirmed "Thorn" pattern

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...

gbp

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera