CAD/JPY - Market Update

10 thg 1, 2018

We've seen a strong movement to the downside. We are currently in a critical area. (Major Trend-Line - Minor Support - 61.80% Fibonacci). We can potentially see a rise back up on this pair (if we have confirmation). If we see a strong 6H/8H bullish close. We could see another wave up. Target being around 90.00 (Monthly Resistance) & 91.250 (Daily Resistance)

If we break our critical zone we can possibly see a movement towards 87.500.