CAD's GDP is reducing continously, while JPY's GDP is increasing extremly. Looking at the chart of CADJPY, we see that it is still keeping lower high and bearish divergence (in TF week) is occuring.
Therefore, keeping short position may be a better choice during this period.
Good luck.
Therefore, keeping short position may be a better choice during this period.
Good luck.
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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.
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.