The yen has been performing very weak and it is just sensible to long against any yen pairs at the moment.
Choosing the Canadian dollar is because CAD is not too strong such as Euro and Pound where chart patterns are hard to identify and entry level is not easy to capture.
The Dollar is not chosen due to the obvious that Dollar has been performing very weak and the major trend has already become very shaky.
The Canadian dollar has turned out to be the best option as it is still slightly stronger than the dollar and is not way too bullish to identify good entry levels that give good reward risk ratio as well.
Choosing the Canadian dollar is because CAD is not too strong such as Euro and Pound where chart patterns are hard to identify and entry level is not easy to capture.
The Dollar is not chosen due to the obvious that Dollar has been performing very weak and the major trend has already become very shaky.
The Canadian dollar has turned out to be the best option as it is still slightly stronger than the dollar and is not way too bullish to identify good entry levels that give good reward risk ratio as well.
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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.
Disclaimer
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.