CAD/JPY Technical Analysis 31 July ,2015

Pipsafe Logo
Share this Post :

[text]

Source: AvaTarde Forex Broker (Forex Rebate up to 85%)

Summary :
Target Level : 95.294
Target Period : 6 hours

Analysis :
Descending Triangle identified at 31-Jul-02:00 2015 GMT-5. This pattern is still in the process of forming. Possible bearish price movement towards the support 95.294 within the next 6 hours.

Supporting Indicators :
Downward sloping Moving Average

Resistance Levels :
( B ) 95.46Last resistance turning point of Descending Triangle.

Support Levels
( A ) 95.294Last support turning point of Descending Triangle.

CAD/JPY Chart

CADJPY

 

[/text]


Categories :
Tags :



LEAVE A COMMENT


Alert Header

Alert Message