CADJPY - Is it time to Fade?
This is a potential trade I am looking to excel further next week - We've been on up trend for while but now is it time to fade?
At this current of time we are within the range of 90.640 - 89.735, a break to either direction. Below the trendline up bears will gain further control 200 ema is a nice area of support zone or we could excel further shorter term to 91.100 areas.
Have a great weekend,
Trade Journal
(Just a trade idea, not a recommendation)
This is a potential trade I am looking to excel further next week - We've been on up trend for while but now is it time to fade?
At this current of time we are within the range of 90.640 - 89.735, a break to either direction. Below the trendline up bears will gain further control 200 ema is a nice area of support zone or we could excel further shorter term to 91.100 areas.
Have a great weekend,
Trade Journal
(Just a trade idea, not a recommendation)
Comment:
Within range, keep alerts in and patience is key