CollegeofPips

Potential Move Upward for CAD/JPY

Long
OANDA:CADJPY   Canadian Dollar / Japanese Yen
πŸ’‘ Trade Idea

πŸ“‰ Buy Limit CAD/JPY @ 79.95

🎯 Target Profit 80.59

πŸ›‘ Stop Loss 79.79

❌ Do not risk more than 1% of your account on each trade

πŸ™‚ Good Luck!

The price is currently ranging inside a corrective channel. Our prediction is a lower move downside to re-test the 79.95 support, and the latter could prove difficult to be broken, from this level a potential move higher to the 80.59 mark could be seen.

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