CADJPY is currently trading around the 76.36 level, that being the 23.6% Fibonacci retracement of the down leg from 84.73 to 73.78. The price action, although finding some footing from the 75.96 low for upside corrections, is capped by the mid-Bollinger band. That said, aiding the negative picture are the declining 50- and 100-day simple […]