CADJPY
SInce CADJPY has broken out of the ascending wedge we have been going down strong. I see two possibilities for next week.
1) We continue to the downside form where we are now.
2) We retest a minor descending trendline and retest a level of resistance potentially making a correction back to the downside.
1) We continue to the downside form where we are now.
2) We retest a minor descending trendline and retest a level of resistance potentially making a correction back to the downside.
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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.