CADJPY has been on my watch list for a few days now and it seems to be going to the upside. Reason is that when you look at bigger time frame like Weekly Timeframe it shows that the Bulls have really fought hard on the 2 previous weeks.
CADJPY is currently battling the Weekly resistance shown in the chart. If it manages to break to the upside and bounce on the retest, we are looking for a lot of potential gains.
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CADJPY is currently battling the Weekly resistance shown in the chart. If it manages to break to the upside and bounce on the retest, we are looking for a lot of potential gains.
Like if you liked the content and comment what you think about it!
Have a good one!
Thanks!
הערה:
This Chart is Free Target because the Weekly Candles were Bullish.
CAD is generally Strong and JPY is Weak when you compare all the pairs with them.