SmartTradingFX

Potential Long on CAD/JPY?

Long
FX:CADJPY   Canadian Dollar / Japanese Yen
5
Analysis on chart!

Price approaching structure zone where we also have a a cluster of fib extensions and inversions, harmonic legs, potential to be oversold RSI on multiple time frames...

Price has respected this area on a number of occasions around 94.30's - 94.60's

I am waiting to see if we get down there then see how price will react and maybe reject this area again...

Any likes, shares and constructive critisism is welcome as always

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