Lingrid

CADJPY reversal and RESISTANCE lines and FALL

Short
FOREXCOM:CADJPY   Canadian Dollar / Japanese Yen
In early March this year, the price broke through the January 2009 support line at 85.78. Then it rolled back and fixed on the same line at point 85.9. From this point, a new pso began, during which the price was able to break through the support level of 88.39 and the support line of November 2007 - 89.06. Now I expect the price to rise to the resistance line 92.32. This is the strong line of February 2013 and I expect it to fall. So my final target is support line 88.39.

Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩‍💻

📚The BEST Trading Course: t.me/lingrid
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: bit.ly/3J4aRVE
🏆TOP Broker: lingridedu.com/brokerFXPro
🌎WebSite: lingrid.org
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.