Technical Analysis – CADJPY climbs above 200-day SMA but gains capped
CADJPY buyers have pushed higher stretching the price to 83.22, which is the previous high of July 12, where advances halted. Buyers managed to surpass the 200-day simple moving average (SMA), following a rally that commenced on October 3, recouping all the losses since July. The short-term oscillators reflect a stall in positive momentum. The […]