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  1. CAD/JPY Price Action Technical Analysis - rally to bullish reversal

    by , 01-30-2016 at 09:26 AM
    Daily price is located below SMA with period 100 (100 SMA) and below SMA with the period 200 (200 SMA): the price was bounced from 78.94 support level for the secondary bear market rally to be started.

    • If the price will break 92.77 resistance level so the reversal of the price movement from the primary bearish to the primary bullisgh market condition will be started.
    • If price will break 78.94 support so the bearish trend will be continuing.
    • If not so the price will be ranging
    ...