IDEA ON TRADE
CAD JPY i use to trade this but the price action looks good. Waiting for Bos low being taken and retest to go bearish.A higher beta CAD/JPY cross pair can be considered as a macro theme play in line with a potential risk-averse environment triggered by Trump’s trade tariffs.
Technical analysis suggests a potential new medium-term downtrend phase for CAD/JPY.
Technical analysis suggests a potential new medium-term downtrend phase for CAD/JPY.
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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.