CADJPY has been in an overall downtrend in the post three months. this month there is a possibility it could continue to go down and make and test new lows or it can go up and make new highs. There is a bearish and bullish divergence n the rsi indicator indicating that the market has been ranging between the 88. and 85. levels. just patiently waiting
Kommentera:
CADJPY is looking very bearish and has continued its downtrend