The CADJPY pair begins to rise – Analysis – 30-3-2023
Economies.com
2023-03-30 06:32AM UTC
The CADJPY pair took advantage of the frequent stability above 61.8% Fibonacci correction level that forms solid support at 94.55, to notice forming strong bullish rally and achieve some gains by touching 98.00.
We expect to form additional support at 96.80 and get positive momentum by stochastic to resume the bullish attack and target new positive stations that might start at 98.70 followed by attempting to press on the MA55 at 99.50.
The expected trading range for today is between 97.35 and 98.70
The expected trend for today: Bullish
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