Deeppoketz

CADJPY FOCUS - is Bullish/Buy!

Largo
FX:CADJPY   Dólar canadiense/Yen japonés
Dear traders,

Here is your CADJPY Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the CAD stands at “7”, and the JPY stands at “0”, meaning that the CAD is stronger than the JPY, thus only looking for Bullish/Buy opportunities on this pair. NB: These reading fluctuate from time to time.

Our 1st Buy Liimit is placed at 90.62 (with a 1% risk position size)

Our final Take profit is placed at 91.70
Our Stop Loss is placed at 0.9361

This is a 80 PIPS trade - Risk Reward 1:2.15
Chart Timeframe; H3

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