CAD/JPY at multi-year resistance, fall likely!
CAD/JPY has reached a multi-year resistance level. It looks unlikely
for the bulls to break through this strong resistance in the first attempt.
So, there might be a moderate correction soon.
A sell entry@91.10-91.60 with SL above 92 and initial TP at 88 could be
a possible sell signal based on the weekly chart.
for the bulls to break through this strong resistance in the first attempt.
So, there might be a moderate correction soon.
A sell entry@91.10-91.60 with SL above 92 and initial TP at 88 could be
a possible sell signal based on the weekly chart.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.