CADJPY: Bullish Outlook Explained 🇨🇦🇯🇵

Long

Canadian Dollar / Japanese Yen (OANDA:CADJPY)

OANDA:CADJPY Canadian Dollar / Japanese Yen

Support and Resistance Supply and Demand Elliott Wave CADJPY CAD jpy yen japaneseyen canadiandollar forextrader forextrading

supportandresistance supplyanddemand elliottwaves cadjpy cad jpy yen japaneseyen canadiandollar forextrader forextrading

snapshot

CADJPY broke and closed above a wide horizontal supply zone on a daily.
The broken structure turned into a demand zone now.

Probabilities will be high that the price will bounce from that.
Next resistance - 100.95

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