CAD/JPY Trading Analysis (28/11/2023)

The trend is ascending. The downward truncated wave structure finished with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.



Trading analysis:

Buy at the formation of the ascending wave structure.

Stop-Loss: 108.77.

Target price levels: 109.60, 109.96.

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