Hello Dear Traders,
You find below my analysis for CAD/JPY, the currency pair is in the buy zone. I expect the price to rise. According to my set of rules, in the M30 frame CAD/JPY will rise to 88.65 as I am showing in my chart (61.8 Fibonacci). Our Weekly Goal is 89.15.
Currently,CAD/JPY is moving towards the support level of 88,25 where there is some liquidity, from this value we are looking for short-term buying opportunities of CAD/JPY.
BoC will be announcing their monetary policy decision later and it is expected that BOC will be holding interest rate unchanged at 0.25%.
Good Luck and enjoy your Bullish Market.
Entry:@ 88.15
TP1: 88.45
TP2: 88.65
TP3: 89.15
SL: 88
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
You find below my analysis for CAD/JPY, the currency pair is in the buy zone. I expect the price to rise. According to my set of rules, in the M30 frame CAD/JPY will rise to 88.65 as I am showing in my chart (61.8 Fibonacci). Our Weekly Goal is 89.15.
Currently,CAD/JPY is moving towards the support level of 88,25 where there is some liquidity, from this value we are looking for short-term buying opportunities of CAD/JPY.
BoC will be announcing their monetary policy decision later and it is expected that BOC will be holding interest rate unchanged at 0.25%.
Good Luck and enjoy your Bullish Market.
Entry:@ 88.15
TP1: 88.45
TP2: 88.65
TP3: 89.15
SL: 88
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
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.