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chiefcapitalfx
Feb 11, 2020 7:22 PM

cadjpy  

Canadian Dollar/Japanese YenFXCM

Description

CADJPY is in a ranging atm. Price came to daily demand zone (blue), broke and retested a newly formed 4hr demand zone (yellow). Looking for price to come back to 4hr demand and bounce off the refined 15min zones to look got longs.

Also I will be looking for short as well incase the price doesn't come back to demand, I'll be looking to short around the 83.5/83.4 area as there's a supply zone as well.


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