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good day colleagues, consider a couple of CADJPY.
today I’m thinking of paying attention to support and resistance levels:
first support level is 81.80 from which we buy a pair, but when we break through it with consolidation, we sell to next support level - 81.60.
second resistance level for sales is 82.50.oOnly if breakdown and consolidation at this level occurs, then we buy to resistance level of 82.70.
where you can already sell. news can affect trading, so it’s unforgettable to take them into account. Colleagues all profit!
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according CADJPY chart
, so far everything is going very well according to plan. , we are observing not only a breakdown 82.15 level,
but also a further increase already above 82.00 level. as I said more than once before, there are absolutely no reasons for selling a couple, last descent to level 81.80 was a little ridiculous and random, based on temporary weakness of yen.
in general, steam only has a road up, and down very, very deep. during this week this is not even the limit, main potential of the medium-term rise is 82.50 and higher.
I think that now bulls will set a very good tone for further movement.
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CADJPY psychological 81.70.
psychological mark and began to actively turn from here to south, they just broke a strong support line at 81.90 (zone 2 of the lower fractals), and this began a correctional decline after quite active northern growth, target 82.10.
this pair of timeframes M5, M15, M30, H1 and H4 are in oversold zone, which means it's time to see a downward correction.on TF M15, I noticed last sideways, which means we need to return to it to pick up stops to buy, that is, once again in support of the south.
I threw Fibonacci lines to determine where we are correcting, 82.20 aka Fibbo 61.8.
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Cadjpy forex ke trading main yeh ek best pair hai trading krne ke liye yeh pair per agar ap log watch kr ke trading krte ho tu mje umed hai ke yeh bht he best pair hai yeh kam time main bht juld up and down hota hai es pair main profit hai ap log zida se zida es pair ko watch kr ke trading kr sakte ho or new user ke liye bhe best pair hai yeh aj ki date men ye kafi down ja sakta he ?!
R 1..... 80.40
R 2..... 80.60
R 3..... 80.80
S 1..... 80.00
S 2..... 79.80
S 3..... 79.60
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Cad/Jpy not cross the up price level 82.50, it means that Cad/Jpy pair today in selling and i recommend that trader place the sell in Cad/Jpy 82.00 - 82.50 and use of take profit at 80 to 120 pips point mean use tp at 81.00 - 80.70 and use stop loss price 82.50, I recommend today place sell order in Cad/Jpy and make good earning profit in Cad/Jpy pair trade positions.
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CADJPY Trend is sell
1 Resistance :84.65
2 Resistance :82.69
3 Resistance :81.41
1 Supporting :80.65
2 Supporting :79.49
3 Supporting :78.67
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CAD/JPY EXCHANGE RATE
CAD/JPY is the abbreviation for the Canadian Dollar and Japanese Yen pair. It shows how much the CAD (base currency) is worth as measured against the JPY (counter currency). For example, CAD/JPY = 82.98 indicates that one Canadian Dollar can buy 82.98 Japanese Yens.
CAD/JPY
-0.02450 (-0.03%)
82.15 60 0 / 20 0
High 82.26 Low 81.91
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CAD/JPY is the abbreviation for the Canadian Dollar and Japanese Yen pair. It shows how much the CAD (base currency) is worth as measured against the JPY (counter currency). For example, CAD/JPY = 82.98 indicates that one Canadian Dollar can buy 82.98 Japanese Yens.
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Cadjpy
canadian dollar / japanese yen
82.103
jpy
−0.052 (−0.06%)
market open (dec 11 04:33 utc-5)
82.155
prev
82.155
open
37.896k
volume
82.078 — 82.259
day's range
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Cad/Jpy
CAD/JPY produced a Doji candle on the daily chart yesterday. The day before yesterday's bullish candle closed within the same resistance. Thus, if today's daily candle engulfs the day before yesterday's candle, it would be an Evening Star, which may attract the sellers to go short on the pair and drive the price towards the South further. Today's major intraday charts look bearish, as well. Thus, the pair may end up producing a bearish engulfing daily candle, which may make the pair bearish for some days.