💡Don't miss the great buy opportunity in CADJPY
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (89.87).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CADJPY is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 78
Take Profits:
TP1= @ 90.84
TP2= @ 91.50
TP3= @ 92.18
TP4= @ 93.00
TP5= @ 93.68
SL= Break below S2
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source https://www.smartmoneymanagement.info/2021/12/dont-miss-great-buy-opportunity-in.html
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