The CADJPY resumes the rise – Analysis – 10-1-2022

The CADJPY pair leaned above 90.75 level recently, to form the additional support against the bullish trades, noticing recording the first target at 91.60 and confirm surrendering to the domination of the bullish bias.

Note that the main stability within the bullish channel and stochastic attempt to provide the positive momentum support our bullish overview, to keep waiting to record new positive targets that might start at 92.15 followed by reaching the previous recorded high at 93.00.

The expected trading range for today is between 91.25 and 92.15

The expected trend for today: Bullish