Tradewyse

CADJPY Weekly Overlook

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OANDA:CADJPY   加元/日元
The CAD has come to a level of the market where the bulls found it hard to break to the upside so we're expecting this pair to fall down to the lower level and possibly make a break for the downside this move has been anticipated for a longer time. And might be actualized this week so be looking forward to taking advantage of this very big movement.

This downward crash of the yen pair would open a lot of opportunities in the market as GU would also be undergoing a crash to the downside whilst pairs like UJ and USD CAD would be rallying to the upside.
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