Canadian Dollar vs. Japanese Yen: Hunting Down from the Top?

CADJPY

My analysis shows that the Canadian Dollar/Japanese Yen (CADJPY) pair is on the verge of an attractive pullback after its recent rally to the 111.490 range.



My prediction:

* The CADJPY currency pair is expected to fall below the 110,000 level in the short term.
* If this level is broken, we can see a further decline to the level of 108,000.

Note: This analysis is not considered as investment advice. Be sure to do your research and consult with a financial professional before making any transactions