CADJPY Analysis
COT Data: Hedge funds are adding longs and shorts to CAD, which makes CAD consolidate, while adding longs and closing shorts for JPY making JPY bullish which makes sense as JPY is considered safe haven and gets stronger in times of crises i.e COVID-19. However this is the market it could decide to go up.
Be reactive and not predictive.
Be reactive and not predictive.
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