CADJPY - H4 - Buy TP = 87.900 SL = 85.900 Long

Canadian Dollar/Japanese YenFXCM

Description

⋅ Sep 2, 2021 8:18 AM

CADJPY - H4 - Buy
TP = 87.900
SL = 85.900

The RSI is below 50.
The MACD is negative and above its signal line.
The configuration is mixed.
Moreover, the price is trading above its 20 period moving average (87.18) but under its 50 period moving average (87.87).