The long-term trend for CadJpy is clearly up, and at this moment, the correction started at the end of October looks done.
The pair found strong support in 89 zone, a zone that acted as support or resistance multiple times in the past.
As long as the pair stays above this zone I expect a new leg up and the first target can be 200 pips above, at 91.50 zone.
A break of this resistance would expose the recent high.
Buy dips can be a good choise
The pair found strong support in 89 zone, a zone that acted as support or resistance multiple times in the past.
As long as the pair stays above this zone I expect a new leg up and the first target can be 200 pips above, at 91.50 zone.
A break of this resistance would expose the recent high.
Buy dips can be a good choise
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Penafian
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
