CADJPY - S/R Zones and Direction Forecast
This pair are at the historical low area, not far from a nice reverse back up, but before that could happen, Elites will do their best to shake off the buyers, before it can go up smoothly. it take months for that to happen. so at the mean time, it is moving in a large range. capture sells and buys at the S/R zones. should create nice profit until the long turn reverse trend is confirm.
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.