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CADJPY: Waiting For Confirmation 🇨🇦🇯🇵
Canadian Dollar / Japanese Yen
Long
CADJPY: Waiting For Confirmation 🇨🇦🇯🇵
By VasilyTrader
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Feb 23
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Feb 23
https://www.tradingview.com/x/yPrr1mXV/
CADJPY is trading in a bullish trend.
After setting a new higher high higher close on a 4H time frame,
the pair started to consolidate within a horizontal trading range.
I am waiting for a bullish breakout of the resistance of the range.
4H candle close above 111.76 will indicate the strength of the buyers.
A bullish continuation will be confirmed then.
Next resistance will be 112.0
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