ForecastCity
Long

Don't miss the great buy opportunity in CADJPY

FX:CADJPY   Canadian Dollar / Japanese Yen
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (81.28). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. CADJPY is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.

Take Profits:
TP1= @ 81.97
TP2= @ 82.54
TP3= @ 83.32

SL= @ 80.80
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I consider this forecast as a valuable opportunity to buy CADJPY.
+1 Reply
@fxniki, You're welcome!
+1 Reply
I like your Ideas very easy to understand!
Thanks for sharing!
+2 Reply
ForecastCity Alexander_007
@Alexander_007, You're welcome. Thanks for your nice comment.
+1 Reply
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