Bullish pressure on CadJpy
2020-03-03 03:19:17
Reasons:
- A bottom seems to be formed with a bullish impulse depicted by long body candles
- The fibonacci is projected to show the possible target (First target at 0.38%)
- Many oscillators crossed their zero line upward
For better R/R ratio, we wait for a pullback toward what seems to act as bullish short-term trend line.
* This is only how we interpret the market.