Chart of the Day -CADJPY- (Dec. 6th 2018)

7th December 2018 Off By binary
Chart of the Day -CADJPY- (Dec. 6th 2018)

The CADJPY held daily trend line and horizontal support at 83.67.

The CADJPY held key support today. This was horizontal support and also trend line support spawning back from 2016 as well. In addition, this is the 78.6 Fibonacci retracement level from the lows back in June to the highs in September as well. While above the 83.67 level bears should be very careful.

ForexAnalytix.com/blog/wp-content/uploads/2018/12/cadjpy.png” alt=”CADJPY Confluence of Supports” title=”CADJPY Daily Chart” itemprop=”contentURL”>

Blake Morrow

The post Chart of the Day -CADJPY- (Dec. 6th 2018) appeared first on ForexAnalytix – Blog.

Read more and Click Here To Get Started