The CADJPY pair formed some positive trades after breaching 77.57 level, confirming the move to the bullish track and record 78.42 level, while facing the moving average 55 might force the price to form temporary sideways fluctuation until gathering the additional positive momentum to ease the mission of reaching the positive stations at 79.33 and 80.50.
The expected trading range for today is between 78.00 and 79.30
The expected trend for today: Bullish