💡Don't miss the great sell opportunity in CADJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (90.90).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CADJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 43.
Take Profits:
TP1= @ 90.45
TP2= @ 90.25
TP3= @ 90.10
TP4= @ 89.90
TP5= @ 89.70
SL: Break Above R2
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