CADJPY / Analysis by FXT_TL
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Welcome to another one of my reviews, this time showing the CADJPY.
After a big swing up its seems that CADJPY is a bit overbought and we need some retracement before we might start thinking about a move up.
My idea about this pair is, because we find some support levels lining up very nice that we go back to the 'red zone'.
Maybe we even consolidate a bit between the green and red zone.
Keep your eyes on an entry for short position in the upcoming day(s).
Would you like to have more valueble content? Follow me on telegram:
t.me/FXT_TL
Welcome to another one of my reviews, this time showing the CADJPY.
After a big swing up its seems that CADJPY is a bit overbought and we need some retracement before we might start thinking about a move up.
My idea about this pair is, because we find some support levels lining up very nice that we go back to the 'red zone'.
Maybe we even consolidate a bit between the green and red zone.
Keep your eyes on an entry for short position in the upcoming day(s).
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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.