Reason for Buying CAD/JPY :
CAD/JPY reaches the major Support zone 82.30
Market re-test the support for 3 to 4 times in H4 chart, but it fails to Breakout the Support level.
We expect +2000 to +3500 points movement to the top. Today, the JPY becomes stronger on all JPY pairs.
Most of the JPY pairs breakout their bottom zone for moving further down without much Retracements.
USD/JPY breakout it’s major zone 110.20 this is the reason CAD/JPY has went down to reach the Support Zone 82.30 again.
Finally CAD/JPY reaches our Stop Loss price and trying to breakout the support zone now.
Save your time on analyzing the market, Start to trade forex in a technical trade setup’s with the help of Forex Experts team.
We always want you to trade forex market safe with care.
Please Don’t trade all the time, trade forex only at best trade setup.
It is better to do nothing, instead of taking wrong trades.
We are here to help you for taking the trades only at best trade setup.
If you like to receive more analysis at accurate time, subscribe to premium or supreme signal plan here : forexgdp.com/forex-signals/
If you want to learn forex trading using best trading strategies, you can purchase our forex trading video course here.
Thank you.
