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OmarNAMOUCHI
6 mai 2017 23:25

BULLISH UPTREND ON CADJPY Long

Canadian Dollar/Japanese YenFXCM

Description

I expect form this paire is retest to 50 % and 61.8% of Fib-RET.
Commentaires
Jamal92
Sentiment and the situation in oil will still drag this currency down. The loonie (CAD) has been poor all 2017. The reason for that sudden jump was due to Japans head of exports saying how even with the Yen being low there exports has not been great due to bigger competition in other countries creating the same stuff.

If oil recovers I will agree your point but currently Oil has been poor and it will pull the Loonie to around the 80 levels .
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