Sam_Eder

CadJpy - Long Setup in Play!

Long
FX:CADJPY   Canadian Dollar / Japanese Yen
The Jpy crosses have benefitted from the weekend
news of an agreement between the US and Mexico,
and on reassurances from the Chinese government
that it will continue to provide stimulus.

We like using the risk-on sentiment to buy CadJpy
given the strength seen in the Loonie since
last week's employment numbers.

Buy on dips towards 81.80 or on a break of the
continuation level.

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.