FX:CADJPY   Canadian Dollar/Japanese Yen
112 1 2
CAD/JPY             , Daily chart
Looking on a long time frame, the pair is about to touch the trend line and resume the bullish trend .
Stochastic also indicates the the asset is very over sold, time to start buying..
I would buy around 93.628, the start of the last wave.
You know how the pair like to trend for long , enjoy the ride.
motleifaul
2 years ago
I agree with your suggestion. But as we saw a steep fall I would wait for an indicator signalling that it is over. Let's watch your Stochastics for instance.
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