The CADJPY fluctuates below the resistance – Analysis – 14-4-2020
Economies.com
2020-04-14 08:16AM UTC
The CADJPY pair still stable below the bearish channel’s resistance 77.92 until now, to increase the chances of declining towards the negative targets at 76.75 followed by 75.80.
Also, we notice stochastic exit from the overbought areas to confirm getting rid of the positive pressures and starting to get the negative momentum to ease the mission of reaching the suggested negative stations.
The expected trading range for today is between 77.80 and 76.75
The expected trend for today: Bearish
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