FX.co ★ CADJPY coming close to descending trendline resistance. A further push down is expected.

Trading Recommendation

Entry: 76.364

Reason for Entry: descending trendline resistance, 61.8% Fibonacci retracement

Take Profit : 74.973

Reason for Take Profit: Graphical swing low

Stop Loss: 77.260

Reason for Stop loss: Graphical swing high