UmarAbdurRehman
Long

CADJPY Short term Bullish - Possible NFP & CAD News trade today

FX:CADJPY   Canadian Dollar / Japanese Yen
CADJPY have been trading within multi-sessions bullish channel , so far price almost reached the top of the channel, as we have an important release about CAD unemployment figures today, i am seeing the scope for a breakout of this channel, expecting the price can test 81.90+.

However this is a short term picture, though overall the momentum on the bigger time frames is still bearish . Please respect the money management guidelines when trading this market.

Good luck!
Trade closed: target reached:
Analysis & ideas: https://t.me/TradeEverest
Beautiful set up. Nice
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Thank you UmarAbduRehman for your great technical analysis.
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Yes, I agree with you. Great job.
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Great Setup mate! Keep it up and have a look at my new Trade Idea :)
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YEA YEA BRO
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