CADJPY BUY | Weakness seen in JPY pairs and strength in CAD
68
The RR on this setup is a positive 2.4 and im trading a reversal contraction, it is a short-term contraction with the TP being just 53 pips away which will make this officially a Moneymonday.
JPY is showing weakness acorss the board at this time with contraction occuring virtually on all JPYXXX assets.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.