FX.co - CADJPY holding above ascending trendline support! Further push up expected!

2020-05-26T02:28:59

Long-term review

Trading Recommendation

Entry: 76.946

Reason for Entry: Ascending trendline support, 50% Fibonacci retracement.

Take Profit : 77.822

Reason for Take Profit: Horizontal swing high

Stop Loss: 76.529

Reason for Stop loss: Graphical swing low, 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 holding above ascending trendline support! Further push up expected!