Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (79.8). 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 uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.

Take Profits:
TP1= @ 80.30
TP2= @ 80.60
TP3= @ 81.00
TP4= @ 81.43
TP5= @ 81.90

SL= Break below 79.4

โค๏ธ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the ๐Ÿ‘ LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!

โค๏ธ Your Support is very much ๐Ÿ™ appreciated!โค๏ธ

๐Ÿ’Ž Want us to help you become a better Forex trader?

Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.

Trade well, โค๏ธ
ForecastCity English Support Team โค๏ธ
CADCADJPYcanadadollarChart PatternsTechnical IndicatorsjapaneseyenjpyTrend Analysis

ื’ื ืขืœ:

ื›ืชื‘ ื•ื™ืชื•ืจ