ToniSignals

CAD/JPY Signal - CAD Retail Sales - 23 Sep 2021

Short
FX:CADJPY   Canadian Dollar / Japanese Yen
USDCAD is trending to the downside prior to the CAD Retail Sales, which measure the total receipts for retail stores domestically. Technically the pair has pulled back into structure and fibonacci resistance, and the rsi has now turned negative. We anticipate downside into recent lows at 84.90.


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.