CADJPY (8Aug-12Aug) OutlookCADJPY (8Aug-12Aug) Outlook
CADJPY is at critical support zone (76.9xx-77.5xx).
If break 76.8xx, it might test 75.7xx, 74.8xx,74.0xx,73.5xx (which i hope not)
On the flip side, it could retest 78.000-78.5xx zone (high probability)
My Strategy, short if break 76.8 (SL- 77.25) and long once break 77.5 (SL 76.75)
DYDD though.
If break 76.8xx, it might test 75.7xx, 74.8xx,74.0xx,73.5xx (which i hope not)
On the flip side, it could retest 78.000-78.5xx zone (high probability)
My Strategy, short if break 76.8 (SL- 77.25) and long once break 77.5 (SL 76.75)
DYDD though.