FX.co - CADJPY approaching descending trendline resistance.

2020-04-30T04:05:09

Long-term review

Trading Recommendation

Entry: 77.090

Reason for Entry: Descending trendline resistance, 61.8% Fibonacci retracement

Take Profit : 75.936

Reason for Take Profit: 61.8% Fibonacci retracement

Stop Loss: 77.897

Reason for Stop loss: 88% and -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 approaching descending trendline resistance.