CADJPY H1 Analysis

22 июл. 2020 г.

The CADJPY chart reached an important resistance level and will likely break it. It tested few hours ago and got slightly rejected. Now, it will try to break it for a second time and will probably succeed. Furthermore, CAD pairs are gaining strength against other pairs and the momentum will likely continue. Hence, the trade would be executed as follows:
CADJPY
BUY: 79.650
SL: 79.250
TP1: 80.050
TP2: 80.450