goldtradingexpert

CAD/JPY Sell: Wait for a break below the trendline Support

Short
OANDA:CADJPY   Canadian Dollar / Japanese Yen
During the Asian season, Putin ordered to attack Ukraine. Ukraine says that Kyiv is under attack from the cruise and ballistic missiles.

So, safe-haven JPY will dominate all currencies and especially commodities currencies. CAD/JPY are at risk of dropping more and more.

So, let's check out my CADJPY chart.
CAD/JPY Sell 89.30
One More Sell Limit @ 90.00
Stop-loss above 91.80
Target zone 87.90
Target Zone 2: 85.70

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