Thursday, March 20, 2014

CADJPY Trading Signal - March 20th 2014
















CADJPY reached the support level and I'm entering my long position as I think that we may see a rally. I'll enter a short trade when it approaches the resistance level again, but for the next few days I expect forex traders to take some profits after a correction. Forex traders are advised to protect their profits when we approach the resistance level.

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