CADJPY is currently respecting a well-defined rising channel structure, with price reacting cleanly to both the upper and lower bounds of the channel.
After a sharp correction, price has once again tapped the lower trendline support, a level that has triggered bullish reversals, and is now showing early bullish signs.
This bounce suggests the market is preparing for another leg up, with 108.600 marked as a key target near the midline of the channel, which often acts as dynamic resistance in trending conditions.
After a sharp correction, price has once again tapped the lower trendline support, a level that has triggered bullish reversals, and is now showing early bullish signs.
This bounce suggests the market is preparing for another leg up, with 108.600 marked as a key target near the midline of the channel, which often acts as dynamic resistance in trending conditions.
Trade attivo
Free Telegram Signals: t.me/addlist/MLJjjTl2V-M1OTc8
👉Get 20% Deposit BONUS - bit.ly/trenddiva
👉Get 20% Deposit BONUS - bit.ly/trenddiva
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Free Telegram Signals: t.me/addlist/MLJjjTl2V-M1OTc8
👉Get 20% Deposit BONUS - bit.ly/trenddiva
👉Get 20% Deposit BONUS - bit.ly/trenddiva
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.