Guario

JPY/CAD ANALSIS (short term)

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FX_IDC:JPYCAD   JAPANESE YEN / CANADIAN DOLLAR
Hi traders :) I'm Guario, and is a forecast regarding JPY/CAD possible short term price action. As you can see from the chart the pair is in a strong down trend but it has just reached an important support level (the 0.0119 one) and the Stochastic oscillator suggest us that a probable correction could occur before the trend stars to take its direction again. Look at the chart for possible entry, stop or profit levels. Write me in the comments for any question thought or critic. Good luck :)

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