Canadian Dollar / Japanese YenEducation
CADJPY – Sellers trending continuation
Updated
Trend: Strong buy
Support/Resistance:
R2: 83.867
R2: 83.548
R1: 83.125
S1: 82.785
Price action:
Buyers rebounce hard after sellers retraced from supportical level at 82.785. Sellers might be quite for a while, till buyers complitally get tired. Next buyers targets will show us strenght and decision how sellers will react after.
Potencial trade idea:
Bulls targets:
T1: 83.548
T2: 83.867
NOTE – We are trading CADJPY via the preferred trading setups by EliteFxAcademy
Support/Resistance:
R2: 83.867
R2: 83.548
R1: 83.125
S1: 82.785
Price action:
Buyers rebounce hard after sellers retraced from supportical level at 82.785. Sellers might be quite for a while, till buyers complitally get tired. Next buyers targets will show us strenght and decision how sellers will react after.
Potencial trade idea:
Bulls targets:
T1: 83.548
T2: 83.867
NOTE – We are trading CADJPY via the preferred trading setups by EliteFxAcademy
Trade closed: target reached
T1 was reached
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