Wednesday, December 17, 2014

CADJPY - Trading Signal - December 17th 2014


CADJPY has corrected into its support level. I am looking for long positions in this currency pair as I expect a rebound over the next few days. I will enter more long positions every 25 points lower from here until we reach 99.45. I expect traders will seek good long entry opportunities in this currency pair and should have more than one entry in this trade in order to reduce risk.

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