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Hello Forex Trading Lions,
Hope you are well, today we have CADJPY trade, I believe we will see buying potential, it recently broke out a nice 4 hourly resistance zone, and now it seems its giving a pullback before a continuation push towards the upside.
We also see the market is currently trading above our both moving averages, which also confirms the bullish momentum is there, I would still low risk this trade due to the market nature due to the virus.
Hello Forex Trading Lions,
Hope you are well, today we have CADJPY trade, I believe we will see buying potential, it recently broke out a nice 4 hourly resistance zone, and now it seems its giving a pullback before a continuation push towards the upside.
We also see the market is currently trading above our both moving averages, which also confirms the bullish momentum is there, I would still low risk this trade due to the market nature due to the virus.