eacemi

CADJPY Potential LONG Trade Opprotunity

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FX_IDC:CADJPY   加元 / 日圓
Employment data which was above the expectations (35.3K vs 15K ) triggered CAD Bulls.
The BOC’s hand is strengthened for a new rate hike, saying that it is currently making 2 rate hikes and that it will act as data dependent for the rest of the year.

JPY is weak as Abe wanted to be.

Price broke out the DEMA 50 and testing the KUMO support.

Nice level to add LONG

Levels as described on the chart.
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