Canadian Dollar / Japanese Yen
Long
Updated

CADJPY - Bullish Bias

58
CAD - BULLISH
1️⃣ Hopes that a coronavirus vaccine could be used soon and oil prices at the support level of $44 a barrel.

JPY - BEARISH
1️⃣ The upbeat market mood undermined the safe-haven JPY, as investors digested positive coronavirus vaccine news.

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Technical
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We are looking buy the CADJPY above the RBS + above the SMA 50 on the H1 chart.
Trade closed: target reached
✅ TRADE HAS HIT TP

+20 PIPS

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