Canadian Dollar / Japanese Yen
Long
Updated

CADJPY Double Bottom, LONG opportunity.

180
TECHNICAL ANALYSIS

After the previous Sell off, CADJPY has Double Bottomed around 85.600. So there is a opportunity to Long it.It has about 2000 pips profit potential.
First Target: 1000 pips.
Second Target: 1000 pips.

INDICATORS USED

1. MACD
2. RSI
3. SMA
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First target hit.

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