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CADJPY: Ready to Climb Higher
Canadian Dollar / Japanese Yen
Long
CADJPY: Ready to Climb Higher
By NovaFX23
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Dec 12, 2024
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Dec 12, 2024
**CADJPY Update**
After consolidating within a horizontal range for over a week, a major news release yesterday triggered a bullish shift in the pair.
On the 4-hour chart, the price has broken above the range's resistance level, signaling potential upward momentum.
The next resistance to watch is at 108.49.
Chart Patterns
Supply and Demand
Support and Resistance
NovaFX23
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