CADJPY - Potential buying opportunity in sight

2月25日

CADJPY is trading near a clear support level that triggered bullish reversals in the past. The recent bearish move into this area creates a potential opportunity for buyers to regain control.

If bullish confirmation appears, such as increased buying volume or candlestick reversal patterns, I expect the price to move toward 105.550. On the other hand though, a break below this support would weaken the bullish scenario and suggest further downside.

Just my take on support and resistance zones—not financial advice.
Best of luck in the markets.

2月26日

交易進行