The CAD has come to a level of the market where the bulls found it hard to break to the upside so we're expecting this pair to fall down to the lower level and possibly make a break for the downside this move has been anticipated for a longer time. And might be actualized this week so be looking forward to taking advantage of this very big movement.
This downward crash of the yen pair would open a lot of opportunities in the market as GU would also be undergoing a crash to the downside whilst pairs like UJ and USD CAD would be rallying to the upside.
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.