CADJPY D TECHNICAL ANALYSIS
Descending channel is about to be broken. The pair will fall down to 80 in coming days. We post more charts on lower time frame to further elaborate the idea.
Note
Descending channel is intact on 1H time frame. 83.50 will be the first target.Note
83.50 - 1st target achieved 92 PIPS ProfitTrade active
Perfect for short and book profit at 82.75Trade closed: target reached
200 PIPS Profit
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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.
Related publications
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.