Traderscope

CADJPY - Breakout of the trendline... Long opportunity

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OANDA:CADJPY   加元 / 日圓
As JPY is getting weaker and CAD reinforcing, I think that the breakout of the trend line today may lead the price to 0.8690 at least in the next days. A final target would be the upper bound of the channel drawn on the chart but a final TP would be better aroung 0.8750.

My trade idea is:

BUY CADJPY
E: 0.8600
SL: 0.8540
TP: 0.8750

Partial or total profit maybe taken at 0.8690.

Happy trading!

Mes positions et signaux en temps réel: bit.ly/3QZFVur
Discord: discord.gg/kjNg36h836
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