ANALYSIS: CADJPY TRADE UPDATE
Very similar to the USDJPY analysis, the price has recently found support and could be changing cycle
on the 4hr timeframe. If we see a higher high higher close we have an opportunity to look for long positions.
The reason we are looking at CADJPY is due to the strength in the Canadian Dollar with Oil prices rising.
Correlating this together we could see significant upside in this pair.
on the 4hr timeframe. If we see a higher high higher close we have an opportunity to look for long positions.
The reason we are looking at CADJPY is due to the strength in the Canadian Dollar with Oil prices rising.
Correlating this together we could see significant upside in this pair.
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