CAD/JPY has lost quite a lot from 91.5 to 88.5 since the beginning of this month.
It currently still hasn't found it's major support to get into a reversal.
We can expect it to fall further down about 100 pips if the current suport is broken.
As always, risk manage properly.
Happy trading!
It currently still hasn't found it's major support to get into a reversal.
We can expect it to fall further down about 100 pips if the current suport is broken.
As always, risk manage properly.
Happy trading!
Note
To keep an eye on. It got volatile after CAD rate hike news.
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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.