FX:CADJPY   Canadian Dollar / Japanese Yen
This pair has been in a downtrend for months, however it is now very oversold as confirmed by strength indicators.

Price action is showing a double bottom with a large bullish wick on the higher timeframes signalling there could be a reversal in trend coming.

Follow for more.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.