cvfxwealth

CADJPY @ Major Support

Long
FX:CADJPY   Canadian Dollar / Japanese Yen
CADJPY looking for a good reverse north. We have hit a major up trend line on the daily and the backside of a down trend line (blue line).

Indicators:
1. RSI daily in strong buy zone.
2. Uptrend line holding as strong support.
3. Down trend line backside acting as secondary support.

Entry @ price area of 78.50
TP @ 79.70 - 79.90 area

Good luck and let me know if there are any questions.

Charles V
CVFX Management
Trading made Simple
Comment: Trade signal up 60 pips atm.

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