As JPY is getting weaker and CAD reinforcing, I think that the breakout of the trend line today may lead the price to 0.8690 at least in the next days. A final target would be the upper bound of the channel drawn on the chart but a final TP would be better aroung 0.8750.
My trade idea is:
BUY CADJPY
E: 0.8600
SL: 0.8540
TP: 0.8750
Partial or total profit maybe taken at 0.8690.
Happy trading!
My trade idea is:
BUY CADJPY
E: 0.8600
SL: 0.8540
TP: 0.8750
Partial or total profit maybe taken at 0.8690.
Happy trading!