Level To Watch: #CADJPY SMA(200) and Resistance Level Ahead
Price is forming a range failing to create a trendy market since February.
If price is continuing to goes up to the resistance level, SMA(200) combined with resistance level will be a perfect zone to trigger a SHORT position.
Waiting for the price to reach this key zone to take action.
0.5 Fibonacci level will be then, a perfect take profit.
MT
If price is continuing to goes up to the resistance level, SMA(200) combined with resistance level will be a perfect zone to trigger a SHORT position.
Waiting for the price to reach this key zone to take action.
0.5 Fibonacci level will be then, a perfect take profit.
MT
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