Potential Short on Retest CADJPY
Fundamental:
Technical:
- CAD is having short-term weakness due to slow NAFTA progress
- Weak economic data gives CAD weakness despite the BOC tightening
Technical:
- Range break, will be retest, take opportunity of spike result from BOC Poloz speech to hit the sell limit
- D1 trend is on a downward channel.
Trade closed: stop reached
Hit SL due to CAD news release
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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.