Hello All,
CADJPY is right now at very very important level. My views are strongly favoring the bullish market and I am looking for the price to break 88.75 to 90.00 and give a pullback. Then I will take a long position based on bullish price action signal.
However alternative scenario will be that if the price failed to break that above level then will enter sell by seeing sufficient bearish signalÂ
WEEKLY SUPPORT & RESISTANCE CHART
DAILY TRADE CHART
Lets see how this pair unfolds in coming weeks but let me tell you for me it looks very bullish