CADJPY is forming a likely W formation and this means we will see much higher levels in the coming weeks.
Th support is in low 87s with current GANN resistance 89.42.
I feel we should be buying between 88.50-88.75 and a stop below 87.25. The objective in the coming weeks is around 92.50.
Th support is in low 87s with current GANN resistance 89.42.
I feel we should be buying between 88.50-88.75 and a stop below 87.25. The objective in the coming weeks is around 92.50.
Kommentar:
Profit taken at 91.58. Now starting a SELL strategy. (see update today).