It seems like CADJPY reacted to the support zone of fibonacci ratio and trendline + 88.0 -> round number.
But before buying i'll wait for another retest near the low or another low with a false break.
Then, a close above 88.5 ( which is a fibonacci ratio of the bigger swing and the last swing ) Will set CJ to 89.7 zone and 90.5 zone .
Best of luck :-)
But before buying i'll wait for another retest near the low or another low with a false break.
Then, a close above 88.5 ( which is a fibonacci ratio of the bigger swing and the last swing ) Will set CJ to 89.7 zone and 90.5 zone .
Best of luck :-)