Canadian Dollar / Japanese Yen
Long
Updated

CADJPY | 83.00 in sight

51
Bullish momentum has been building on the CADJPY over the last few sessions, with the bulls finally clearing out the mid-September highs on a close above 82.00 yesterday.

We like this market for continued upside through to 83.00 and possibly 84.00 before year-end. A throw-back to test the September highs is likely and represents an ideal buying opportunity on continued strength.
Trade closed: target reached

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.