CADJPY - D1

In the CADJPY currency pair, we see that the price has been able to both fill the price gap of previous months and complete the 5-wave Elliott movement due to the upward movement. In the current price, which is 78.21, we are witnessing a collision of the price and as a result, a change in the direction of the price. Price ranges from 78.35 to 78.55 are strong resistance ranges. Therefore, we expect the price to drop to 75.60.



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