TheCryptagon

CADJPY Bullish over the 4hour MA50, bearish under it.

Long
FX_IDC:CADJPY   Canadian Dollar / Japanese Yen
CADJPY held again the 4hour MA50, which has been providing rebounds for the 1 month Channel Up with breaking since June 1st.

Buy as long as the price stays over it and target the September 13th High (Resistance A) at 110.600.

Sell if it breaks under the MA50 and target the 4hour MA100.

The 4hour RSI is holding its Rising Support. An additional pivot level to use.

Follow us, like the idea and leave a comment below!!

TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!

🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰

TELEGRAM: t.me/thecryptagon
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.