Good afternoon traders! Welcome to a new trading week. After about a 3-week drop in #CADJPY, we've seen a nice bounce around the important 109.000 area. I'm long just under 109.200. Friday's price closed up above the 110.000 level and I'm expecting more upside this week. The close above 110.000 also provided me with a second buy entry. This week will be an important one for both #CAD and #JPY fundamentally as well.
Here's my 2hr chart. Have a great week everyone!
Here's my 2hr chart. Have a great week everyone!