Weekly Outlook: CAD/JPY Ranging Bearish
by
, 08-16-2016 at 12:35 PM (840 Views)
Weekly price is on ranging within the following support/resistance levels:
- 83.80 resistance located in the beginnijg fo the bullish erversal to be started, and
- 76.02 support level located below Ichimoku cloud in the bearish area of the chart.
If weekly price breaks 76.75 support level to 76.02 target to re-enter so the primary bearish trend will be continuing, otherwise - ranging bearish.