Long opportunity CADJPY
The graph shows us a recently formed bullish flag pattern.
It seems like the market could find support at the rising trend line and support zone as shown in the chart.
The support zone at the 85.50 price level has been tested several times and the rising trend line has held up twice already.
These factors combined gives us the expectation of a price increase in the medium term direction.
It seems like the market could find support at the rising trend line and support zone as shown in the chart.
The support zone at the 85.50 price level has been tested several times and the rising trend line has held up twice already.
These factors combined gives us the expectation of a price increase in the medium term direction.
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