ForecastCity
Short

Don't miss the great sell opportunity in CADJPY

FX:CADJPY   Canadian Dollar / Japanese Yen
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (77.05). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. CADJPY is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 43.

Take Profits:
TP1= @ 76.41
TP2= @ 75.70
TP3= @ 74.79

SL: Break Above R2
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Comments

Thank you for your analysis and good luck.
+1 Reply
@fxniki, You're welcome.
+1 Reply
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+1 Reply
ForecastCity Forecast_Crypto
@Forecast_Crypto, It's our pleasure. thanks for following us here.
+1 Reply
Nice. All the best
+1 Reply
ForecastCity vejakakstudio
@vejakakstudio, Thank you.
+1 Reply
These ALTCOINS Will Go A LOT Higher
+1 Reply
ForecastCity CryptoCheck-
@CryptoCheck-, Thanks for sharing your idea here with us.
+1 Reply
agree with you
+1 Reply
ForecastCity CryptoCheck-
@CryptoCheck-, Thnaks for sharing your opinion.
+1 Reply
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