mrleh

CADJPY BUY off strong support/resistance trendline

Long
FX:CADJPY   Canadian Dollar / Japanese Yen
CADJPY at a very strong support/resistance trendline. The two hits on the trendline are almost perfect Looking for price to immediately reverse now towards the next key area which is the last high with much more potential to push towards the 38.2 % fib which is also a key area as well.

CADJPY BUY
start: 79.875
stop loss: 79.525
take profit: 81.123


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.