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ForecastCity_ME
13 ืื•ื’ืณ 2021 18:02

๐Ÿ’กDon't miss the great sell opportunity in CADJPYย ืฉื•ืจื˜

Canadian Dollar/Japanese YenFXCM

ืชื™ืื•ืจ

โ‹…

Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (88.038).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. CADJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 35

Take Profits:
TP1= @ 87.470
TP2= @ 87.079
TP3= @ 86.590
TP4= @ 86.070
TP5= @ 85.400

SL: Break Above R2

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Be sure to leave a comment; let us know how you see this opportunity and forecast.

Trade well, โค๏ธ
ForecastCity English Support Team โค๏ธ
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Lizabet
โ‹…
Looks promising. Thanks for sharing
ForecastCity_ME
โ‹…
@Lizabet, We appreciate your comment.
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