CADJPY downward trend confirmation at daily tf
Declining interest rate differential following BoC's move to cut interest rates to 0.75% from 1%.
yesterdays price action saw the lagging line close below the cloud, confirming a downward trend
SL - orange dotted line
TP - green line
entry - yellow line
yesterdays price action saw the lagging line close below the cloud, confirming a downward trend
SL - orange dotted line
TP - green line
entry - yellow 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.