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FuturesForexClasses

CADJPY / H1 / Daily Forex Technical Analysis / 6.12.2019

Short
Canadian Dollar / Japanese Yen (OANDA:CADJPY)  
FuturesForexClasses  
OANDA:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns CADJPY cadjpyshort short Forex dailyanalysis Technical Analysis june2019 forexsignals forextrading
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trendanalysis harmonicpatterns chartpattern cadjpy cadjpyshort short forex dailyanalysis technicalanalysis june2019 forexsignals forextrading
Hello Traders, welcome to the Daily Forex technical analysis. Today is June 12th, 2019 and we will be taking a look at the Euro against the Japanese Yen. Looking at the 1 hour time we are now looking for a pullback back of the current structure into an area of previous resistance near the 81.3 area, where we would look an entry to go short. Entry for a Short position near the 81.836 area, with a Stop Loss near the 82.106 region, and a target profit level area of 81.279 to possibly ensure a profitable trade with a 2.06 to 1 R/R.
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