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Weekly Outlook: CAD/JPY Ranging Bearish

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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.

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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.

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