MonsunAsia

CADJPY - Bullish Bias

Long
MonsunAsia Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
CAD - BULLISH
1️⃣ Rallied in oil prices support the commodity-linked currency the CAD.

JPY - BEARISH
1️⃣ Prime Minister Yoshihide Suga said the government was preparing to extend its emergency declaration to Osaka, Kyoto and Hyogo as daily infection rates continue to surge across the country.

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Technical
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We are looking to buy the CADJPY at RBS + above SMA 50 on the H1 chart.
Trade active:
PENDING ORDER TRIGGERED
Trade closed: target reached:
✅ TRADE HAS HIT TP

+30 PIPS

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