ForecastCity_ME
Long

Don't miss the great buy opportunity in CADJPY

FX:CADJPY   Canadian Dollar / Japanese Yen
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (78.5). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. CADJPY is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 54.

Take Profits:
TP1= @ 79.30
TP2= @ 80.15
TP3= @ 81.75
TP4= @ 82.90
TP5= @ 84.55

SL= Break below S2

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Comments

Excellent! as always!

Thank You for sharing! ❤️
+2 Reply
ForecastCity_ME Alexander_007
@Alexander_007, Thank you for your comment. It is appreciated. 🍀
Reply
thank you
+2 Reply
ForecastCity_ME Pro_Trader_007
@Pro_Trader_007, We're happy to help! 💙
Reply
nice chart
+1 Reply
@Sir_Ray, Thank you
Reply
Absolutely agree with you.
+1 Reply
ForecastCity_ME Josef_anderson
@Josef_anderson, Thank you for your comment. It is appreciated. 🍀
+1 Reply
clean analysis
+1 Reply
@Kamryn, Thank you for your comment. It is appreciated. 🍀
+1 Reply
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