CADJPY remains mostly undecided since March 25, trading between 78.46 and 74.76. The mostly flat 50-day simple moving average (SMA) further suggests price’s directionless demeanour, while the downwards sloping 100- and 200-day SMAs back a negative outlook. The momentum indicators also reveal conflicting signals. The stochastic lines are bearish after deflecting off the 80 overbought […]