CADJPY Trade Opportunity
The Canadian Dollar/Japanese Yen (CAD/JPY) pair presents to us an opportunity following an upward trend movement. A good buy setup would be to set a buy limit around the 77.284 zone for a proper Risk to reward to 79.830 as a target. A safe sell can only be seen when price breaks 77.284 zone and retest that level before a fall to 75.708.
Advise is to watch and see price react at these levels (77.833 to 77.284) before taking any action.
Advise is to watch and see price react at these levels (77.833 to 77.284) before taking any action.
Trade closed: target reached
target reached. And more opportunities to come.
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