Dollar Kanada / Yen JepangPenjualan
CAD/JPY (Market Update)
CAD/JPY (Market Update): We have finally broken out of our LONG consolidation zone. However it was easy to catch this sell in various occasions we proffered to keep it at a conservative level. I am still expecting a downside to probably 88.000. We actually had recently a 23.6% pull-back which is something nice to have. So we may be getting close to the last push towards our target.
Regarding a bullish bias, I don't see myself placing any -BUY- as I would need price to close above my 4H trend-line which if it does then we may be discussing some Long opportunities but I don't think we are close to that at least for the time being.
Hopefully this pull-back was what we needed to get that extra push to the downside.
Regarding a bullish bias, I don't see myself placing any -BUY- as I would need price to close above my 4H trend-line which if it does then we may be discussing some Long opportunities but I don't think we are close to that at least for the time being.
Hopefully this pull-back was what we needed to get that extra push to the downside.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.