CADJPY H1 Analysis
The CADJPY chart reached an important resistance level and will likely break it. It tested few hours ago and got slightly rejected. Now, it will try to break it for a second time and will probably succeed. Furthermore, CAD pairs are gaining strength against other pairs and the momentum will likely continue. Hence, the trade would be executed as follows:
CADJPY
BUY: 79.650
SL: 79.250
TP1: 80.050
TP2: 80.450
CADJPY
BUY: 79.650
SL: 79.250
TP1: 80.050
TP2: 80.450
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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.
Disclaimer
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.