StirlingBishop

CAD/JPY LONG OPPORTUNITY

Long
FX:CADJPY   Canadian Dollar / Japanese Yen
CAD/JPY is looking as if it is about to break out above the 87.5 resistance area - My inclination would be to take up a long position around 87.3 with stops placed below 87.0.

Keep an eye on the price action in the following hours/days to spot the best entry point.

This is not investment advise. Losses can exceed initial investment, Trade carefully.

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.