Last week I said that CadJpy could have found a top at 81.50 zone and a drop to 80 is not out of the question.
The pair is consolidating under this resistance as if is waiting for a trigger.
I maintain my bearish outlook and I expect CadJpy to drop to at least 80 zone. Also, a correction in Oil price would t hurt...
The pair is consolidating under this resistance as if is waiting for a trigger.
I maintain my bearish outlook and I expect CadJpy to drop to at least 80 zone. Also, a correction in Oil price would t hurt...
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