🎗️Name : CAD/JPY
🗨Time Frame : 4hrs Chart
(🖇️Short Order )
🧾 : WHY IS CADJPY GOING DOWN?
Changes in economic indicators for both Canada and Japan, such as GDP growth, inflation, unemployment, and interest rates, can affect exchange rates. If Canada experiences economic uncertainty while Japan has a more stable economic situation, it can result in a weakening of CAD against JPY
——————————
➖Bearish Break
109.450 Area
Reasons
Major Turn level / D
Choch Area / BoS
Trend Line
Q / Low
Visible Range HVN
Fixed Range
M / Pitchfork ML / D
➕Bullish Reversal
101.100 Area
Reasons
Visible range Lvn
M / R
Fixed Range
M / Pitchfork LL / D
Liquidity / Accumulation
——————————
🗨Time Frame : 4hrs Chart
(🖇️Short Order )
🧾 : WHY IS CADJPY GOING DOWN?
Changes in economic indicators for both Canada and Japan, such as GDP growth, inflation, unemployment, and interest rates, can affect exchange rates. If Canada experiences economic uncertainty while Japan has a more stable economic situation, it can result in a weakening of CAD against JPY
——————————
➖Bearish Break
109.450 Area
Reasons
Major Turn level / D
Choch Area / BoS
Trend Line
Q / Low
Visible Range HVN
Fixed Range
M / Pitchfork ML / D
➕Bullish Reversal
101.100 Area
Reasons
Visible range Lvn
M / R
Fixed Range
M / Pitchfork LL / D
Liquidity / Accumulation
——————————
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