Hi Traders Overview of CADJPY Publish on 07 January 2025 Check and share your idea What's Price React.
The pair is approaching the 110.099 level, which you mention as a support or a breakout zone.
Resistance Zone: The 111.300 level appears to be the key resistance. If CAD/JPY manages to break above this level, it could signal further bullish movement, potentially targeting higher prices. The next possible resistance might be at 112.500 or higher, depending on market conditions.
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.