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sunnyk92
Apr 18, 2022 10:58 AM

CADJPY daily trimeframe 

Canadian Dollar/Japanese YenFXCM

Description

CADJPY has been on some push of late attributed to the strength in crude oil!

Price is nearing some strong resistance! If we break strong weekly zone of the daily we can expect price to resume its push to the upside.

As price is showing exhaustion , we can expect temporary downside movement. If and only if we see a clean daily break below the marked key daily level, so we expect a price to push to the past broken daily high.

Trade safe,

Sunny Kumar
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