Canadian Dollar / Japanese Yen
Long
Updated

CADJPY Possible Rebound Upward!

Lately, some news about China to start buying oil for state reserves sparked some volatility in loonie too. I guess the oil future will be going fine in coming further weeks so that might help this pair to rebound at some level. Stochastic pointing out the momentum in favour of bullish so far.
Trade closed: target reached

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