HugoAJROUCHE

Short Vision on CAD JPY for 10/08/2021

Short
HugoAJROUCHE Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
Hello Dear Traders,

You find below my analysis for CAD/JPY, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame CAD/JPY will fall to 87.4 as I am showing in my chart. Our Daily Goal is 87.24.

Currently, CAD/JPY is moving towards the resistance level 88,where there is some liquidity from this value we are looking for short-term selling opportunities of CAD/JPY.
Good Luck and enjoy your Bearish Market for today.

Entry:@88
TP1: @87.75
TP2: @88.55
TP3: @89.25
SL: @88.2

As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment.
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
Trade closed: stop reached

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