OANDA:CADJPY   Canadian Dollar / Japanese Yen
The counter CADJPY is in the resistance trend line from 25thNovember which has been tested twice at the prices 80.49 and 80.25. Today the counter has made an entry at the price 80.25 and it started moving even more downwards. It’s the right time to go for a short and the bearish trend will continue further. The stochastic indicator curves started moving downwards from level 80 which gives additional support to the description.


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.