ForecastCity_EU

Don't miss the great buy opportunity in CADJPY

Long
FX:CADJPY   Canadian Dollar / Japanese Yen
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (82.80). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. CADJPY in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 80.

Take Profits:
TP1= @ 83.50
TP2= @ 83.90
TP3= @ 84.55

SL= Break below S2
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Comments

Thanks!
+1 Reply
Great analysis so far, keep it up!
+1 Reply
Thanks a lot!
Reply
Keep This on my Radar This Week,
Reply