CADJPY weekly evaluation 16th June

CAD/JPYOANDA

Description

⋅ Jun 15, 2019 10:22 AM

Price started the descend earlier than expected. Now it is respecting the 0.786 zone on the 1hr chart it looks like it's heading upwards to finish forming the right shoulder. I expect it to keep rising to respect the trend line or the 4hr 0.618.