CADJPY is testing support, potential for a further rise for SAXO:CADJPY by TradeGATEHub — TradingView

Price is testing our first support at 81.549, in line with our 100% Fibonacci extension , 61.8% Fibonacci retracement , and horizontal overlap support. It could potentially bounce from here and rise further to our first resistance at 82.121, in line with our 61.8% Fibonacci extension and horizontal swing high resistance. It is also worth noting that the Ichimoku cloud is also showing bullish pressure in line with our analysis.

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