Home About the company Daily reviews CADJPY analysis 14.02.2020

CADJPY analysis 14.02.2020

14.02.2020

Market Review

The overall trend is downward. The assumed upward correction ended with a breakthrough of the inclined channel. Breaking through the price pivot zone 82.62 will result in the formation of a descending pattern within the wave (C) of the H12 level. A bearish divergence has formed on Awesome Oscillator indicator, and Stochastic Oscillator signals overboughtness.

Trading recommendations:

Selling below 82.62.

Stop loss: 83.10.

Target levels: 82.25; 81.60.

Author: admin
Back to all reviews Back

Subscribe to company news:

Thank you for subscribing to our analytics

Review topic

All Market Review
Log in Registration

Don't have your language?