ForecastCity_ME

💡 Don't miss the great sell opportunity in CADJPY

Short
FX:CADJPY   Canadian Dollar / Japanese Yen
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (83.55). 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 downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.

Take Profits:
TP1= @ 83.10
TP2= @ 82.70
TP3= @ 82.30
TP4= @ 81.70
TP5= @ 81.00

SL: Break Above R2

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ForecastCity English Support Team ❤️
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Comments

I agree with this one to the most part.
+2 Reply
ForecastCity_ME davidgolandak
@davidgolandak, Thank you for your comment. We appreciate it 🌹
Reply
quite possible idea
+1 Reply
@Lizabet, Thank you for your comment.
Reply
perfect
Reply
ForecastCity_ME hardikthummar
@hardikthummar, Thank you for your comment. We appreciate it 🌹
Reply
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