CAD/JPY quick in quick out to previous high
from our fundamental calculator we know that the CAD is strong and the JPY is weak so therefore we will be looking for technical entries to the upside. we can see that price has now broken our lower timeframe area of sensitivity, sell pressure will now become buy pressure, so what we are looking for now is entry confirmation with a bullish move to place our quick in quick out to our monthly zone which is our next level of sell pressure.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.