Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements ,Fibonacci Fan Lines,Support & Resistance Levels , MACD .
Current Level : 101.35
CAD/JPY encountered a Resistance at (101.33) after a strong bullish trend of 2800 pips that started almost two years ago. From there as can been seen on the chart, there where 4 consistent attempts to break lower 92.00 level unsuccesfull though, and that helped formed a small range area between (92.00 )& (97.50 ).
Yesterday the 1 Day candle broke previous…
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