HugoAJROUCHE

Short Vision on CADJPY for 11/08/2021

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FX:CADJPY   加元 / 日圓
Hello Dear Traders,

You find below my analysis for CAD/JPY, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame CAD/JPY will fall to 87.75 as I am showing in my chart. Our Daily Goal is 87.45.

Currently, CAD/JPY is moving towards the resistance level 88.35,where there is some liquidity from this value we are looking for short-term selling opportunities of CAD/JPY.
Good Luck and enjoy your Bearish Market for today.

Entry:@88.35
TP1: @87.95
TP2: @87.75
TP3: @87.45
SL: @88.6
As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment.
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!

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