Finchcliffe

CADJPY: Short scalp next week

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Finchcliffe 已更新   
FX:CADJPY   加元/日元
Thinking we're starting to see JPY strength, this is because it can't stay so weak for so long imho.

Weak currency suits Japan as an exporter, to a point, but massively affects it's buying power, I do feel like we're approaching the end of this cycle of Yen weakness, by the end of this year.

I think this pair broke the rising trendline but has struggled to get back in on multiple retracement attempts, so I think we'll drop to catch the order block in the next week based on current PA.
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