Technical Analysis – CADJPY could recover from 8 ½-year lows if 77.00 mark passed

CADJPY bounced from an 8 ½-year low of 73.85 on Tuesday and expectations are for the positive momentum to resume in the short-term as the RSI prepares to exit the oversold area. Practically, the pair should overcome nearby resistance around 72.20 to stage a more sustainable rally that could initially pause around 78.20 and then near the […]

Technical Analysis – CADJPY could recover from 8 ½-year lows if 77.00 mark passed

CADJPY bounced from an 8 ½-year low of 73.85 on Tuesday and expectations are for the positive momentum to resume in the short-term as the RSI prepares to exit the oversold area. Practically, the pair should overcome nearby resistance around 72.20 to stage a more sustainable rally that could initially pause around 78.20 and then near the […]