Volatility!!!!
CADJPY in my opinion will be falling only if it respects the important priceline's on the chart. Firstly ill be watching the for a reversal at 89.945 to complete a Head & Shoulder formation. If the reversal does occur a new LH would've been formed which confirm the start of a bearish movement.
I will also be waiting on the 20 ema to cross the 50 ema.
If CADJPY fails to hold any of the above points consider the trend bullish until 91.300
CADJPY in my opinion will be falling only if it respects the important priceline's on the chart. Firstly ill be watching the for a reversal at 89.945 to complete a Head & Shoulder formation. If the reversal does occur a new LH would've been formed which confirm the start of a bearish movement.
I will also be waiting on the 20 ema to cross the 50 ema.
If CADJPY fails to hold any of the above points consider the trend bullish until 91.300