CADJPY- price is currently hovering around the 88.000 key level.I expect to get a third touch on the trend-line marked at the yellow box.If we do i will be looking for the 97.750 level to serve as a strong support and upon confirmation we could get a good entry , with a good risk to reward having our targets being at the 90.750-90.800 levels.Also what we have is some sort of a pennant forming which is a bullish continuation forming.
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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.