CADJPY...LONGS ON OVER EXTENDED RSI???
HELLO ALL,
CADJPY DIDN'T RETRACE MUCH AS CAD KEPT ITS BULLISH STRENGTH. 4HR CHART SHOWS OVER EXTENDED RSI BUT HISTORY HAS HAD THIS PAIR OVER EXTEND TO THE 80% AREA ON RSI. MY VIEW IS STILL BULLISH ON THIS PAIR, KEEP AN EYE OUT ON PRICE ACTION AND FUNDAMENTALS ON THIS PAIR. LOOK FOR A BREAK OUT ABOVE 78.53 WHERE IT CAN MAKE A NEW HH ON 4HR CHART.
IF YOU LIKE PLEASE GIVE A THUMBS UP AND ALSO COMMENT YOUR OPINIONS AND IDEAS, THANK YOU!
CADJPY DIDN'T RETRACE MUCH AS CAD KEPT ITS BULLISH STRENGTH. 4HR CHART SHOWS OVER EXTENDED RSI BUT HISTORY HAS HAD THIS PAIR OVER EXTEND TO THE 80% AREA ON RSI. MY VIEW IS STILL BULLISH ON THIS PAIR, KEEP AN EYE OUT ON PRICE ACTION AND FUNDAMENTALS ON THIS PAIR. LOOK FOR A BREAK OUT ABOVE 78.53 WHERE IT CAN MAKE A NEW HH ON 4HR CHART.
IF YOU LIKE PLEASE GIVE A THUMBS UP AND ALSO COMMENT YOUR OPINIONS AND IDEAS, THANK YOU!
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