Canadian Dollar / Japanese Yen
Long
Updated

CADJPY-BUY strategy 6 hourly chart

112
The pair has been near 101.50 area lows, and recovered strongly again. As stated earlier updates, low's we cannot predict, but we can see overall careful adding to the positions managing to get improved averages overall, and constantly manage it effectively. For now, the pair seems to position itself into more positive territory, i.e., stochastic, fisher form and other indicators not shown.

Strategy BUY 102.10-102.50 or lower when seen, and take profit at 104.87 on first GANN resistance attempt. Overall see 105.90 possible.
Trade closed: target reached
profit taken @ 104.57

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