EliteTradingSignals

CAD/JPY BULLISH BIAS RIGHT NOW| LONG

Long
FX:CADJPY   Canadian Dollar / Japanese Yen
Hello,Friends!

CAD/JPY pair is in the downtrend because previous week’s candle is red, while the price is obviously falling on the 8H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 110.076 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely.

✅LIKE AND COMMENT MY IDEAS✅
Comment:
We are seeing a good move already so we will keep the trade running!

✅JOIN my FREE Telegram Channel: t.me/elitetrading_signals
✅Contact: @elitetradingsignals_contact
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.