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ew-forecast
Oct 15, 2019 8:00 AM

CADJPY and other XXX/JPY pairs Can See More Gains - Elliott Wave 

Canadian Dollar/Japanese YenFXCM

Description

Good morning traders, one quick update on the CADJPY pair..
We see the Canadian dollar against the yen in a strong bullish activity, so despite current weakness even more upside may be seen above the 82.44 high, as we are regarding current drop as a correction. It can be wave iv, with possible support/bullish turn around the 81.7/81.6 region.

Trade well,

The EW-Forecast Team
Comments
ew-forecast
pair is progressing higher, it tested the highs but looks like there is room for more gains within wave five
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