I see a lot of strength in the CADJPY pair. The increasing oil prices, debt ceiling bill pass and dovish Japanese monetary policy there is potential 400 pips long term buy potential. The next resistance line is at 107.50 which provides a good 300 pips profit. However there maybe a pullback before the trend continuation.
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- Joined Jul 2011 | Status: Member | 7,749 Posts
If you trade like me, you'll be homeless and broke within a week.
Goldilocks All Time Return:
52.2%
- Joined Jul 2011 | Status: Member | 7,749 Posts
If you trade like me, you'll be homeless and broke within a week.
Goldilocks All Time Return:
52.2%
- Joined Jul 2011 | Status: Member | 7,749 Posts
If you trade like me, you'll be homeless and broke within a week.
Goldilocks All Time Return:
52.2%
- Joined Jul 2011 | Status: Member | 7,749 Posts
If you trade like me, you'll be homeless and broke within a week.
Goldilocks All Time Return:
52.2%