Harmonic pattern formed - Bearish Gartley
Potential Reversal Zone (PRZ)- 91.58
CADJPY has halted its two weeks of continuous bullishness after goo gap up opening. It hits high of 89.21 and is currently trading around 88.61. The pair has formed Bearish Gartley pattern and any break above 91.58 confirms bullish continuation.
On the lower side, near term support is around 88.25 (5- day MA) and any break below targets 88.05/87.60. The pair should break below 86.58 for further weakness.
The near term major resistance is around 89.45 and any violation will take the pair to next level of 90/91/91.58.
It is good to sell on rallies around 89-89.10 with SL around 90 for the TP of 87.60/86.65.


FxWirePro: EUR/NZD remains under pressure as key support gives way
Pound Sterling Power: GBP/JPY Secures Third Day of Gains as Global Risk Tensions Recede
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD takes back some lost ground
FxWirePro: EUR/AUD claws back some losses but rcovery likely muted
FxWirePro: GBP/USD climbs to 4 -week high as ceasefire deal gives bulls traction
Euro Ascendant: EUR/USD Breaks $1.17 as Geopolitical Relief Sparks a Bullish Surge
FxWirePro: EUR/AUD falls below 1.6600 level, plunge to test a key fibo grows
FxWirePro: USD/CNY falls to three-year high, scope for further downside
FxWirePro: USD/ JPY slips as yen rallies after Mideast ceasefire declaration
FxWirePro- Major Crypto levels and bias summary
Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD reverses course, bias back to downside
Ethereum Reclaims Higher Ground: Ether Bulls Target $2,700 as Middle East Tensions Thaw 



