CADJPY respects major uptrendline
Pair is based above demand zone at level 78.40
Price broke corrective downtrendline
MACD shows bullish momentum
RSI is above level 50
It's expected for the continuation of bullish momentum to target first key level at 81.55
then finally target supply zone at level 84.65
Pair is based above demand zone at level 78.40
Price broke corrective downtrendline
MACD shows bullish momentum
RSI is above level 50
It's expected for the continuation of bullish momentum to target first key level at 81.55
then finally target supply zone at level 84.65
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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.