26.05.202004:28 CADJPY holding above ascending trendline support! Further push up expected!

Long-term review

Exchange Rates 26.05.2020 analysis

Trading Recommendation

Entry: 76.946

Reason for Entry: Ascending trendline support, 50% Fibonacci retracement.

Take Profit : 77.822

Reason for Take Profit: Horizontal swing high

Stop Loss: 76.529

Reason for Stop loss: Graphical swing low, 61.8% Fibonacci retracement

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Performed by Dean Leo,
Analytical expert
InstaForex Group © 2007-2020
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