Dólar Canadense/Iene Japonês
Short

Selling Position - CAD/JPY

288
The CAD/JPY pair has increased by more then 7/8% in a month. The RSI and Stochastic are indicating to me that its seriously overbought and its hitting a very strong resistance that has been around since 2015 so a correction will in order in with all these indication I feel that this is defiantly a sell. Keep in mind that the bank of Canada will more likely increase the interest rates on Wednesday which could cause a mild upside. The reason for me saying this is that this pair has increased 8% in about a month so the price could be already priced in.

Aviso legal

As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.