CAD/JPY ANALYSIS D1 CHART - 17/11/2017
CAD/JPY has been on downtrend since September . Notice Trend Line E – F
Also notice Support on which current market price is currently sitting on. There is a great probability of a 500pip upward movement to 88.800 level . Once market breaches the the E-F resistance , our Long term target is the 90.766 Level. There is also a possibility of taking path A – B if market fails to breach trend line EF , however my signal still remains a good Buy.
Also notice Support on which current market price is currently sitting on. There is a great probability of a 500pip upward movement to 88.800 level . Once market breaches the the E-F resistance , our Long term target is the 90.766 Level. There is also a possibility of taking path A – B if market fails to breach trend line EF , however my signal still remains a good Buy.