FX.co - CADJPY showing a trendline breakout! Further push up expected!

2020-05-11T06:54:35

Relevance until2020-05-12

Trading Recommendation

Entry: 76.364

Reason for Entry: descending trendline support, 23.6% Fibonacci retracement

Take Profit : 77.417

Reason for Take Profit: -27.2% Fibonacci retracement

Stop Loss: 75.579

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 showing a trendline breakout! Further push up expected!