This is an interesting pair. They are both oil currencies.
Once OIL changes to lower levels, or is perceived it will not go much higher, JPY will strengthen and CAD will weaken.
That is why SELL strategy for this one is great opportunity.
Strategy SELL @ 97.60-97.90 and place profit order below 96.00 for now. I would only add at higher levels when see.
Once OIL changes to lower levels, or is perceived it will not go much higher, JPY will strengthen and CAD will weaken.
That is why SELL strategy for this one is great opportunity.
Strategy SELL @ 97.60-97.90 and place profit order below 96.00 for now. I would only add at higher levels when see.