CADJPY is trading inside an uptrend channel and has found support at a rising trendline, which forms a confluence support together with the falling daily trendline. There is also a horizontal support around 83.50.
The Canadian dollar seems to start reversing its losses on higher oil, while the Japanese yen will likely be impacted by a (potential) Trump-Kim deal and expected progress in US-China talks.
Join our Telegram channel for new updates on this and other trades: t.me/CommaFX
The Canadian dollar seems to start reversing its losses on higher oil, while the Japanese yen will likely be impacted by a (potential) Trump-Kim deal and expected progress in US-China talks.
Join our Telegram channel for new updates on this and other trades: t.me/CommaFX
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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.