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Tuesday, May 18, 2021

๐Ÿ’กDon't miss the great sell opportunity in CADJPY

๐Ÿ’กDon't miss the great sell opportunity in CADJPY


Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (90.521).
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 51.

Take Profits:
TP1= @ 89.805
TP2= @ 89.182
TP3= @ 88.420
TP4= @ 87.815
TP5= @ 87.191

SL: Break Above R2

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ForecastCity English Support Team ❤️



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