CADJPY testing ascending trendline support. A short term bounce above our 1st support at 90.823 towards graphical swing high and 1st resistance at 91.120. RSI is testing support where price bounced in the past as well.
Trading Recommendation
Entry: 90.823
Reason for Entry:
61.8% Fibonacci retracement, ascending trendline support
Take Profit: 91.120
Reason for Take Profit:
Graphical swing high resistance
Stop Loss: 90.642
Reason for Stop Loss:
Graphical swing low
