Oil is good and Dandy :) and this will affect CADJPY - call me crazy - I took a long position from 83.613 and I am not getting out until 84.900 just to be safe;)
Enjoy!
CAD continue to ride down south due the reason we all knew about ;) A significant potential of kissing 84.764 can't be rule out
- Please set your SL accordingly .
Happy trading y'all
CADJPY stalled at 0.618 retracement level of move from 87.4 to 78.9
To watch closely how the pair acts
Similarly, RSI bearish divergence can be observed in USOIL
The move up may just be a retracement due to oversold conditions rather than a reversal
Expecting support/target levels on white support line, 83.16, 82.68, 82.12, 80.9
