CADJPY Trading Idea – 22-April-2019

We are looking at CADJPY, and we can see that the pair has bounced from the previous support zone.

The pair has bounced from that area in the near past as you can see on the chart. This is a good opportunity to buy, the target being the resistance zone around 84.30 as shown on the above chart.

Disclaimer: Our analysis and forecasts given on this website are just our point of view about the market. It is not a trading signal or investment advice. 

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Amir is a graduate in International Economics. He has been active in the financial markets since 2014.

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