Long
CADJPY is going to go BULLISH
CADJPY is currently on a strong bullish trend. Our Resistance - Support analysis tells us evidently that the candles will hit our TP1. Our 20 SMA, 10 SMA, 50 EMA and 100 EMA also backs-up our strong upward trend. Ichimoku cloud confirms our bullish prediction to hit our TP1. Altough, we will be expecting a pullback or consolidation at TP1 but there is another tendency for a trend continuation to reach our TP2 before we experience a very long downward trend.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.