Cad/Jpy shorts 🩳 Short

Canadian Dollar / Japanese YenFOREX.com

Description

⋅ Aug 6, 2021 2:35 PM

JPY dumps whenever there is a strong nfp report and surprisingly is the strong when nfp is bad due to the correlation with US Yields. In my opinion, Jpy gets strong here. I think the best opportunity may be against the CAD.

STOP - 88.06
ENTRY - 87.93
TP1 - 87.2
TP2 - 86.9
TP3 - 86.6

then looking for a reversal!

Fundamental Analysis slattsignals