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CAD/JPY showing a trendline breakout – further push up expected

Posted On 12 May 2020
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Trading Recommendation

Entry: 76.364

Reason for Entry: descending trendline support, 23.6% Fibonacci retracement

Take Profit : 77.417

Reason for Take Profit: -27.2% Fibonacci retracement

Stop Loss: 75.579

Reason for Stop loss: 61.8% Fibonacci retracement

The material has been provided by InstaForex Company – www.instaforex.com

Source:: CADJPY showing a trendline breakout! Further push up expected!

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