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baderocks2
Jun 9, 2020 9:21 AM

CADJPY daily demand Long

Canadian Dollar/Japanese YenFXCM

Description

Our previous zone didn't get filled and we haven't got the pullback we wanted, another RBR has been formed which would be the more ideal zone to take.
Comments
aymanjemghili
Hi! Good job bro, I want to remind you of this pair,
🚩Keep in mind the very weakness Canadian dollar against the Japanese yen,
🔨it's has tested the previous resistance at 80.458 and is very likely to fall strongly,
🏴‍☠️because the large speculators they are selling CAD/JPY..
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🤔This is my idea about this pair 🙂:
📉
baderocks2
@aymanjemghili, Thanks for sharing your opinion. I am personally expecting the pair to go down some more until it reaches the 77-78 region, which is where I would try to go long because of the demand zones present there. Good luck in your short meanwhile.
aymanjemghili
@baderocks2, Yeah, important Demand Zone 77.800
we can look for it next week after seeing what hedge funds will do
whatever all the best !!
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