Hello Dear Traders,
You find below my analysis for CAD/JPY, the currency pair is in the buy zone. I expect the price to rise. According to my set of rules, in the M30 frame CAD/JPY will rise to 88.65 as I am showing in my chart (61.8 Fibonacci). Our Weekly Goal is 89.15.
Currently,CAD/JPY is moving towards the support level of 88,25 where there is some liquidity, from this value we are looking for short-term buying opportunities of CAD/JPY.
BoC will be announcing their monetary policy decision later and it is expected that BOC will be holding interest rate unchanged at 0.25%.
Good Luck and enjoy your Bullish Market.
Entry:@ 88.15
TP1: 88.45
TP2: 88.65
TP3: 89.15
SL: 88
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
You find below my analysis for CAD/JPY, the currency pair is in the buy zone. I expect the price to rise. According to my set of rules, in the M30 frame CAD/JPY will rise to 88.65 as I am showing in my chart (61.8 Fibonacci). Our Weekly Goal is 89.15.
Currently,CAD/JPY is moving towards the support level of 88,25 where there is some liquidity, from this value we are looking for short-term buying opportunities of CAD/JPY.
BoC will be announcing their monetary policy decision later and it is expected that BOC will be holding interest rate unchanged at 0.25%.
Good Luck and enjoy your Bullish Market.
Entry:@ 88.15
TP1: 88.45
TP2: 88.65
TP3: 89.15
SL: 88
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!