CAD/JPY 0.31% is most possibly in a reversal mode at the moment being.
In the shorter term charts, we can see the convergence divergence with the MACD , with prices moving higher yet MACD making lower lows.
If this resistance holds then we can expect CAD/JPY 0.31% to go down at least 200 pips.
Always trade with your own analysis as well as money manage properly.
Happy Trading!
In the shorter term charts, we can see the convergence divergence with the MACD , with prices moving higher yet MACD making lower lows.
If this resistance holds then we can expect CAD/JPY 0.31% to go down at least 200 pips.
Always trade with your own analysis as well as money manage properly.
Happy Trading!