ThinkForex - Analytics


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    Technically Speaking: CADJPY and WTI

    We will continue to keep a close eye on the 82 level for CADJPY alongside the likelihood of the bullish channel on WTI holding. Whilst the markets await the EU referendum outcome, CADJPY is on the watch list as a potential after the big event. 



    Resistance 3:   83.00 Round number, weekly r3
    Resistance 2:   82.64 Monthly S1
    Resistance 1:   82.00 Round number, pivotal level
    CADJPY:   81.68  
    Support 1:   80.85 Weekly pivot,  monthly S2
    Support 2:   80.00 Round number, Daily S2
    Support 3:   78.90 20/01 low

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