CADJPY Facing bullish pressure | 30 July 2021

CADJPY Facing bullish pressure | 30 July 2021 for FOREXCOM:CADJPY by FXCM

CADJPY Facing bullish pressure | 30 July 2021



CADJPY is currently pushing higher. With technical indicators showing room for further bullish momentum, a further push up above our entry at 87.930 where we have moving average support and also 23.6% Fibonacci retracement could be possible. Upside target would be at 88.445 where we have Fibonacci confluence zone with -27.2% Fibonacci retracement and 61.8% Fibonacci extension levels lining up.

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