FX.co - CADJPY holding above trendline support! Further rise expected!

2020-07-13T03:20:48

Long-term review

Trading Recommendation

Entry: 78.598

Reason for Entry: 38.2% Fibonacci retracement, ascending trendline support

Take Profit: 78.972

Reason for Take Profit: -61% Fibonacci retracement, 50% Fibonacci retracement

Stop Loss: 78.389

Reason for Stop Loss: Recent swing low

*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 trendline support! Further rise expected!