CADJPY coming to test ascending trendline support and key 61.8% Fib retracement at 1st support, 79.119. A push up above this level towards 1st resistance at 79.538 is possible as well.
Trading Recommendation
Entry: 79.119
Reason for Entry:
Ascending trendline support, 61.8% Fib retracement
Take Profit : 79.538
Reason for Take Profit:
61.8% fib retracement
Stop Loss: 78.872
Reason for Stop loss:
-27.2% Fib retracement, recent swing low
