Big Test for Canadian Dollar vs. Japanese Yen

Apr 03,2019 16:16   Source:Earnforex
On CAD/JPY, the price managed to rally to an area which not only served as a solid support in the second half of 2018, but also primed as an important boundary since the earliest times of the pair. Long-term perspective After the retracement from 78.22 at the beginning of 2019, the price prevailed in reconquering, in two months, two important support areas: 81.38 and 83.81, respectively. Because of this achievement, the profit-taking phase which followed caused a drop from 85.23 that […]

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