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CADJPY analysis 24.03.2020

CADJPY 

The overall trend is downward. The currency pair is trading in the range of 365 and 135 moving averages. A start fractal (75.97) has formed below 135 EMA. Breaking through the start fractal will result in the formation of a descending H1 level pattern within the overall downward trend.


Trading recommendations:

Sell below 75.97.

Stop loss: 77.80.

Target levels: 74.90; 73.84.

CADJPY rate online: monitor the movement of the pair in real time.

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