RickSanchezzz

CADJPY reaching resistance. Outlook for long-term day traders.

RickSanchezzz Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
CADJPY approaching previous resistance of the 200-EMA at a psychological resistance area of 84.00. Waiting for confirmation to ride down before taking the long, up-ward momentum if followed through by the analysis.
Comment:
Looking for a buy position at the 82.00 Support level, SL at the 81.00 level with TP at 85.5.

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