sennaMC

CADJPY long (two scenarios)

Long
FOREXCOM:CADJPY   Canadian Dollar / Japanese Yen
Hi, everyone
CADJPY could rise per my analysis, now it is at daily support zone, you can open short from here.
Howevery it might retest the previous trendline before it start to rise as well. you can monitor this pair in the following days.
Today's candle is quite important, lets see if that close above or below the support line.
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.