OGFXTRADER

CADJPY H1 LONG PRICE ACTION FORECAST

Long
FX:CADJPY   Canadian Dollar / Japanese Yen
The Canadian dollar is showing a clear bullish bias across the board. Now, CADJPY at H1 is under consolidation, where expected pullback towards the 200MA to confirms an uptrend movement towards the resistance level.

A buy setup is placed with the following features.

The order:
Type: buy-limit
S/L: 30 pips - R:R | 1:2 -
T/P: resistance level

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