This is a nice wee overview/set-up on the daily chart for CADJPY pair.
Once we reach the zone of 84.534 - 84.970, it is expected that the price will fall, and we can start to look for an entry trigger to go short. We look to 82.821 as a conservative short and to 79.434 for a more aggressive swing trade short.
Enjoy your Friday trading, and the weekend that follows, and good luck.
Comments always welcome.
Once we reach the zone of 84.534 - 84.970, it is expected that the price will fall, and we can start to look for an entry trigger to go short. We look to 82.821 as a conservative short and to 79.434 for a more aggressive swing trade short.
Enjoy your Friday trading, and the weekend that follows, and good luck.
Comments always welcome.