CADJPY / H1 / Daily Forex Technical Analysis / 6.20.2019

Hello Traders, welcome to the Daily Forex technical analysis. Today is June 20th, 2019 and we will be taking a look at the Canadian Dollar against the Japanese Yen. Looking at the 1 hour time we are now looking for this current level of support at the 81.2 area to hold, if so we will be looking for an entry with a great risk to reward ratio. Entry for a Long position near the 81.198 area, with a Stop Loss near the 80.980 region, and a target profit level area of 81.687 to possibly ensure a profitable trade with a 2.24 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!