От: Дима Chernovolov

CAD/JPY continues to rise after the earlier breakout of the Key Resistance level 82.88, which was previously identified by Autochartist on the 4-hours charts. Autochartist measures the Significance of this resistance level at the 3 bar level – which corresponds to the three earlier price reversals from this resistance level. CAD/JPY is expected to rise toward the forecast price 83.6578 – continuing the active upward impulse wave from the support zone described below.

10042017dailyfximage1

As you can see from the daily CAD/JPY chart below, the price earlier reversed up from the strong support zone lying between the key support level 82.00 (previous strong resistance level from July of 2016), lower daily Bollinger Band and the 50% Fibonacci correction of the sharp upward impulse from November. The proximity of this support zone adds to the likelihood CAD/JPY will continue to rise toward the forecast price 83.6578.

10042017dailyfximage2

To subscribe to the e-mail alerts feature is quick and easy. Log into the Autochartist platform, click on ‘Alerts & Messaging’, enter your email address, select the market you want covered, select your language, and the time you want to get your report, and you’re done! You will now receive a quick morning technical outlook of the markets.

Для получения более подробной информации об этом и других продуктах Autochartist посетите www.autochartist.com

 

0 Нравится
137 Просмотры

Вам также может понравиться

Leave A Comment

Please enter your name. Please enter an valid email address. Please enter message.

Зарегистрироваться






* = Обязательное поле