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LimitMarkets

CADJPY

Long
Canadian Dollar / Japanese Yen (FX:CADJPY)  
LimitMarkets Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis
2
0
trendanalysis chartpattern waveanalysis
The price has formed an expanding diagonal and now we are watching its bounce from the lower band. However, before it reaches the upper band of the diagonal in the vicinity of 87.70 level, more likely it will stop for a while at 85.50 - 85.80 area, same as the previous time.

Good luck!
LimitFX
Comment:
The price of the parity confirmed our predictions: after rebound from the lower band of the expanding diagonal, it is climbing toward 85.50 - 85.80 area.

Good luck!
Limit FX
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