FX.co - CADJPY looking for short term push up above trendline!

2020-08-06T01:50:45

Long-term review

Trading Recommendation

Entry: 79.522

Reason for Entry: Ascending trendline support, moving average support, 38.2% Fibonacci retracement

Take Profit: 79.905

Reason for Take Profit: 61.8% Fibonacci extension

Stop Loss: 79.364

Reason for Stop Loss: 61.8% Fibonacci retracement

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Dean Leo

FX.co ★ CADJPY looking for short term push up above trendline!