CAD - BEARISH
1️⃣ The risk-off mood benefitted the safe-haven greenback and exerted some pressure.
2️⃣ Sliding oil prices undermined the Loonie and further contributed to the offered tone.
JPY - BULLISH
1️⃣ Growing market worries about the continuous surge in new coronavirus cases in Europe and the United States could hinder the global economic recovery.
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TECHNICAL
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- We're looking to short this pair on SBR level on H1 chart. CADJPY still in bearish zone.
1️⃣ The risk-off mood benefitted the safe-haven greenback and exerted some pressure.
2️⃣ Sliding oil prices undermined the Loonie and further contributed to the offered tone.
JPY - BULLISH
1️⃣ Growing market worries about the continuous surge in new coronavirus cases in Europe and the United States could hinder the global economic recovery.
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TECHNICAL
=====
- We're looking to short this pair on SBR level on H1 chart. CADJPY still in bearish zone.
Trade closed: target reached