CAD/JPY is expected to go into a full bullish trend, and it's likely to continue upward. However, there is a possibility it may dip once more and form a new lower low (LL) before resuming the uptrend. Overall, the market remains bullish as long as it targets the range between 111.50 and 114.85.
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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.