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CADJPY is trading in a bullish trend on a daily.
Last week, the price set a new higher high higher close,
violating a strong horizontal resistance.
The market opening turned out to be bearish.
The pair is currently testing a contracting demand zone
based on a broken structure and a solid rising trend line.
I think that the market may resume the growth soon.
Next resistance - 115.8
❤️Please, support my work with like, thank you!❤️
CADJPY is trading in a bullish trend on a daily.
Last week, the price set a new higher high higher close,
violating a strong horizontal resistance.
The market opening turned out to be bearish.
The pair is currently testing a contracting demand zone
based on a broken structure and a solid rising trend line.
I think that the market may resume the growth soon.
Next resistance - 115.8
❤️Please, support my work with like, thank you!❤️
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.