Last week on tradingview we discussed a potential short opportunity on CADJPY as technically
price found resistance at the head and shoulders pattern neckline that formed in July.
This weekend we saw the news of Saudi Arabia's oil refineries being attacked which could move the market
into a risk-off sentiment with safe havens such as JPY benefitting from that. We will look for this market
to continue lower into the daily highs of 80.75.
price found resistance at the head and shoulders pattern neckline that formed in July.
This weekend we saw the news of Saudi Arabia's oil refineries being attacked which could move the market
into a risk-off sentiment with safe havens such as JPY benefitting from that. We will look for this market
to continue lower into the daily highs of 80.75.
