With an anticipated rise in usoil prices in the coming week(s), a 'correlated' rise in the value of the Canadian Dollar should see CADJPY continue heading towards a TP1 of 0.9.419 [50% retracement level], then on to 93.503 [0.618fib level]
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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.