CADJPY 4 Hourly Analysis4 Hourly analysis for CADJPY which is currently in two upward channels. Price action has moved away from resistance at 61.8% Fibonacci level, now it is stuck between trying to move lower away from the 50% Fibonacci level and 4 Hourly resistance zone. But price is currently being supported by the lower trendline of the 4 Hourly channel.
