CADJPY – Forecast 📈

Bob

CADJPY – Forecast 📈

Previously, we had a trade on this pair that closed successfully.

However, there was no real continuation of the bearish move afterward.

Combining this with classical analysis, CAD also looks clearly undervalued from our perspective.

As a result, we opened long positions and are now waiting to see whether price moves toward the AI target level: 111.658.

Let's watch 🙂

Bob

Forecast confirmed again.

Pay attention to how the price once again approached the level previously identified by the AI.

Yes, what was support before can later become resistance. And it's possible that price will continue moving toward the AI's target level.

But at this point, it doesn't really matter.

This move was already enough for me to successfully close the whole sequence 🙂

Bob

I think it's extremely important to pay attention to these seemingly small details.

Earlier, an hour ago, the AI identified a certain level as important and highlighted it.

Then time passes, the market develops its own logic (in this case, we were expecting a bullish move, and it ended successfully).

But the more interesting part is the level itself.

The same number appears again, and despite a trend change and other obvious market developments (as we have seen many times before), it suddenly proves to be relevant again.

That's why the levels identified by our ORA AI always have some deeper meaning behind them.

A useful meaning.

And personally, I wouldn't ignore that 🙂

Bob

Bob price will continue moving toward

Well, there you have it – I told you – the movement continues.
Interpreting AI is easy.
She said it would be this way – it would be that way.
)))
But of course, we always remain skeptical.

Bob

Checkmate today )))

Marik888

Cool, really cool.
I'm happy )))

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