Tuesday, May 16, 2017

CAD/JPY

Summary : Target Level : 83.739
Target Period :
2 days

Analysis :
Channel Up identified at 15-May-08:00 2017 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 83.7390 within the next 2 days.

Supporting Indicators :
Upward sloping Moving Average

Resistance Levels :
( B ) 83.739Last resistance turning point of Channel Up.

Support Levels
( A ) 82.5475Last support turning point of Channel Up.


Chart date range :
26-Apr-08:00 GMT-> 16-May-08:00 GMT
Data interval : 4 hour
RSI:34 Candles
MA:34 Candles