Sell CAD/JPY Resistance Zone
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The CAD/JPY pair on the H1 timeframe presents a potential selling opportunity @ Resistance Zone
Key Points:
Sell Entry: Consider entering a short position around the current price of 108.25.
Target Levels:
1st Support – 106.65
2nd Support – 105.48
Stop-Loss: To manage risk, place a stop-loss order above 109.02. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
Key Points:
Sell Entry: Consider entering a short position around the current price of 108.25.
Target Levels:
1st Support – 106.65
2nd Support – 105.48
Stop-Loss: To manage risk, place a stop-loss order above 109.02. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
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