CADJPY has retested a key resistance level at 107.118
And is now going down and there is also a rising support present
On the higher timeframes so it can not be see on this chart
So we will first see how the pair interacts with the rising line
And then if the price manages to break it
We will see a retest of the support level at 103.803
From where I would be expecting a rebound and a move up
Buy!
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Join our Telegram channel for daily market update 👇👇
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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.