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iamarielle_868

CADJPY, approaching support zone.

Long
Canadian Dollar / Japanese Yen (FX:CADJPY)  
iamarielle_868  
FX:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Chart Patterns CADJPY priceaction
3
0
trendanalysis chartpattern cadjpy priceaction
Price is currently in an uptrend and has pulled back to a support zone. There is also a trend line intersecting this zone (energy point). We could possibly see price bounce off of this area and continue to buy.

However, if price decides to break below this support zone, wait for a retest before looking to enter any bearish trades.
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