The CADJPY tends to the bullish correction – Analysis – 18-2-2020
Economies.com
2020-02-18 07:37AM UTC
The CADJPY pair jumped above 38.2% Fibonacci correction level recently at 82.60, hinting the preparation to form correctional bullish trades and notice recording the first targets by reaching 82.80.
The stability of the moving average 55 near 82.60 level supports the bullish overview by providing additional positive momentum, to expect renewing the bullish attempts that might target 83.35 followed by reaching the key resistance 84.05.
The expected trading range for today is between 82.60 and 83.35
The expected trend for today: Bullish
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