Three signals to the CADJPY reversal

15 march 2022 117
Elena_Baklanova
Elena_Baklanova

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The doji star which yesterday appeared slightly below the resistance of 92.5 signals a possible decline in the CADJPY currency pair.


Plus, for two days trading closes above the upper Bollinger band which usually implies a reversal of the movement.


Plus, the AD indicator offers sales.


Therefore, it is likely that CADJPY will decline to the round level of 90.

Elena_Baklanova
Elena_Baklanova

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
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