CADJPY: Ready to Climb Higher
**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.
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.
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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.