ForecastCity
Short

Don't miss the great sell opportunity in CADJPY

FX:CADJPY   Canadian Dollar / Japanese Yen
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (77.05). 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 downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 43.

Take Profits:
TP1= @ 76.41
TP2= @ 75.70
TP3= @ 74.79

SL: Break Above R2
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Comments

I is it still going to the targets?
Reply
Very sound. Thanks for sharing. 👊👍😎
Reply
This is suppossed to place as a sell limit right? I see it's still going up and almost near the target price
+4 Reply
Thank you
Reply
Thank you for your insight.
+2 Reply
@Kamryn, 👍
Reply
thanks, guys.
+1 Reply
I enjoyed this opportunity to sell in CADJPY very much.
+2 Reply
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