CADJPY - Daily - Yen started losing ground a bit
Trade Alert
CADJPY got a nice rejection near the 85.30 level and pushed higher. Currently sitting below the 86.40 resistance zone, but if it gets broken, the pair could easily make its way towards the 86.90, or even the 87.45 levels.
For us to start examining the downside again, we will take a more conservative approach and wait until CADJPY moves below the 84.85 area. This way we could aim for lower levels again.
Don't forget your SL.
CADJPY got a nice rejection near the 85.30 level and pushed higher. Currently sitting below the 86.40 resistance zone, but if it gets broken, the pair could easily make its way towards the 86.90, or even the 87.45 levels.
For us to start examining the downside again, we will take a more conservative approach and wait until CADJPY moves below the 84.85 area. This way we could aim for lower levels again.
Don't forget your SL.