CAD/JPY falling inside minor corrective wave 2

CAD/JPY falling inside minor corrective wave 2

  • CAD/JPY falling inside minor corrective wave 2
  • Next sell target - 84.30

 CAD/JPY continues to fall inside the minor corrective wave 2, which started earlier from the resistance zone lying between the key resistance level 85.70 (which stopped the previous medium-term impulse wave (1) in April), upper daily Bollinger Band and the 61.8% Fibonacci correction of the previous sharp downward impulse from the start of February. CAD/JPY is expected to fall toward the next sell target at the next support level 84.30 (low of wave (2)).


Latest news

GBP/USD: levels to trade

GBP/USD has been consolidating between 1.30 and 1.2770 for the past month. The pair met resistance at the resistance line connecting October and November highs.

Deposit with your local payment systems


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

Beginner Forex book will guide you through the world of trading.

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