VIDEO ANALYSIS: CADJPY CONTINUES BEARISH OUTLOOK
In this video update, we take a look at CADJPY from our market outlook found on our website and various social
media channels. We expected downside as the market re-tested the key weekly resistance and rejected.
This combined with the poor GDP data out of Canada suggested that the Bank of Canada may have to hold plans to hike rates.
Downside looks likely to continue here, look for retracements back to resistance.
media channels. We expected downside as the market re-tested the key weekly resistance and rejected.
This combined with the poor GDP data out of Canada suggested that the Bank of Canada may have to hold plans to hike rates.
Downside looks likely to continue here, look for retracements back to resistance.
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