CADJPY forecast for buying at support level of Up trendline
CADJPY move in an Uptrend by forming higher highs, higher lows in 4 hr chart.
Buy signal is given when market standing at the support level of Up trendline.
Due to the correction in Crude oil price, CAD currency made a correction.
We use this opportunity for Buying CADJPY at this low price.
Crude oil gains makes CAD currency stronger and on another side, Japan economy got weaker and it’s entered into recession.
After these confirmations of fundamentals and technical analysis, CADJPY Buy signal is given to our Supreme users.
CADJPY achieved the take profit successfully.