CAD/JPY reversed from resistance zone
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- CAD/JPY reversed from resistance zone
- Next sell target - 83.20
CAD/JPY continues to fall after the earlier downward reversal from the resistance zone lying at the intersection of the resistance level 85.60 (which has been reversing the price from the middle of April, as can be seen below) and the resistance trendline from March. The downward reversal from this resistance zone started the active impulse wave (3). CAD/JPY is expected to fall further toward the next sell target at the next support level 83.20.
