ForceFollower
Long

CADJPY Up Fork Continuation?

FX:CADJPY   Canadian Dollar/Japanese Yen
149 0 3
The CAD continues being one of the strongest currencies , whereas the JPY is rather neutral. So let's see, if this pair can break through the 97.7 resistance and get to 98, and potentially even to the median line . Unless price breaks directly through the bear trend line, we should expect a bounce off the lower median line parallel, which may occur somewhere in the 97's. I think the buyers haven't given up on this pair yet and the demand is going to pick up again soon.
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