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CAD/JPY – Daily – Taking Advantage of Canada

Post Views: 93 Main Takeaway: Long-term Trend – UpCurrent price position – lower end in the current uptrend Huge Oil Drop – 20% Confirmed Accumulation Zone D1 Double Bottom D1, accompanied by strong spikes Gold Cross D1 DeM: 0.22 RSI: 43.5 The price has reached our target for lucrative deals at ~ 81,630. Do not fear if you have missed out as the current price shows a good opportunity to enter in a Long with CAD / JPY targeting 84.70 – long-term Distribution Zone (in green) and the long-term resistance trend line on W1. R:R – 1:3 TP 1: 83.450 – conservative target TP 2: 84.70 – optimal target Indicators: 61.8% Fib. Retracement in the role of support Mid-term Accumulation…

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