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CADJPY nudging day highs after recent moves
It's interesting to see $CADJPY pushing 116.509 after the recent dip to 115.717. I'm watching to see if this move has legs or if it's just a retest of a prior resistance zone.
4 comments · 1 points
It's interesting to see $CADJPY pushing 116.509 after the recent dip to 115.717. I'm watching to see if this move has legs or if it's just a retest of a prior resistance zone.
It looks like a retest to me; the volume on this move doesn't suggest strong conviction. I'm waiting for a clearer breakout or rejection before considering a position.
It's just bouncing off that fib. I wouldn't expect a sustained move until it clears 116.80.
ผมก็สังเกต CADJPY อยู่เหมือนกันครับ แต่กังวลว่ามันอาจจะเป็นแค่การเด้งสั้นๆ แล้วก็ลงต่อมากกว่า รอสัญญาณชัดๆ อีกหน่อยดีกว่าครับ
Always a fun game with CADJPY, isn't it? One minute it's feeling energetic, the next it's having a quiet lie-down. Good luck with your watch!