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FX.co ★ CADJPY reversing from 1st resistance, drop coming!

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Forex Analysis:::2021-08-06T08:59:00

CADJPY reversing from 1st resistance, drop coming!

Price is reversing from the 1st resistance at 87.870 at 78.6% Fibonacci retracement and 100% Fibonacci extension and towards 1st support at 86.577 in line with 78.6% Fibonacci extension. Otherwise price may rise to 2nd resistance at 88.296.

CADJPY reversing from 1st resistance, drop coming!

Analyst InstaForex
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