CADJPY: Bullish Outlook Explained ๐จ๐ฆ๐ฏ๐ต
https://www.tradingview.com/x/XVYnErzw/
CADJPY is trading in a bullish trend on a daily.
Last week, the price set a new higher high higher close,
violating a strong horizontal resistance.
The market opening turned out to be bearish.
The pair is currently testing a contracting demand zone
based on a broken structure and a solid rising trend line.
I think that the market may resume the growth soon.
Next resistance - 115.8
โค๏ธPlease, support my work with like, thank you!โค๏ธ
CADJPY is trading in a bullish trend on a daily.
Last week, the price set a new higher high higher close,
violating a strong horizontal resistance.
The market opening turned out to be bearish.
The pair is currently testing a contracting demand zone
based on a broken structure and a solid rising trend line.
I think that the market may resume the growth soon.
Next resistance - 115.8
โค๏ธPlease, support my work with like, thank you!โค๏ธ
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