#CADJPY 2H
Favoring the bullish scenario.
This pair is now at a decision point. We have two scenarios prepared and ready to execute.
From a fundamental PoV, the increasing OIL prices will soon start to give the CAD currency some strength. Which will drive most CAD pairs up, including this CADJPY pair.
From a technical perspective, the pair is ranging between two trendlines and it is getting close to breaking one of them. Whichever breaks first will decide what comes next...
📰 Fundamentals to watch:
- Consumer Price Index m/m (Wed)
- Core Retail Sales m/m (Fri)
Risk Only: 2-3%
Good Luck
Favoring the bullish scenario.
This pair is now at a decision point. We have two scenarios prepared and ready to execute.
From a fundamental PoV, the increasing OIL prices will soon start to give the CAD currency some strength. Which will drive most CAD pairs up, including this CADJPY pair.
From a technical perspective, the pair is ranging between two trendlines and it is getting close to breaking one of them. Whichever breaks first will decide what comes next...
📰 Fundamentals to watch:
- Consumer Price Index m/m (Wed)
- Core Retail Sales m/m (Fri)
Risk Only: 2-3%
Good Luck
Dagangan ditutup: sasaran tercapai
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.