A case for the CAD/JPY
CAD/JPY is currently at a strong resistance zone. On the weekly chart there is clearly negative divergence ( price made a higher high on lower momentum). I am waiting to see what develops next week via price action, but in my view, CAD/JPY may be heading down soon. Potential targets of 88.318 and 85.555
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.
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.