CADJPY outlook
CADJPY pushed up further than we expected last week and reached a liquidity zone, we could see further push up into the liquidity zone before price turns.
We will wait to see if the price breaks below the first ascending trend line. We will be looking for a short position when we see a shift in market structure and a break of the trend line.
We will wait to see if the price breaks below the first ascending trend line. We will be looking for a short position when we see a shift in market structure and a break of the trend line.
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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.