CADJPY Finally Reached This Important Support Level!

CADJPY Is in a very interesting spot here. It just reached its support level 1 after a pretty steep downturn.

I have been watching this pair for a while today and finally I feel this is a great moment to enter. I suggest a LONG position here.

The reasons can be found on the chart. First of all, the price has hit an exact place of horizontal support. Second, the price has shown to make an RSI Bullish Divergence. On the 15m it also shows the first signs of confirmation on this divergence.

Follow me for consistent high quality updates, with clear explanations and charts.
Please like this post to support me.

- Trading Guru

--------------------------------------------------------------
Disclaimer!
This post does not provide financial advice. It is for educational purposes only!