Canadian Dollar vs. Japanese Yen: Hunting Down from the Top?
CADJPY My analysis shows that the Canadian Dollar/Japanese Yen (CADJPY) pair is on the verge of an attractive pullback after its recent rally to the 111.490 range.
My prediction:
* The CADJPY currency pair is expected to fall below the 110,000 level in the short term.
* If this level is broken, we can see a further decline to the level of 108,000.
Note: This analysis is not considered as investment advice. Be sure to do your research and consult with a financial professional before making any transactions
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.