Friday Market Analysis: CAD/JPY & CHF/JPY

Hello traders,

let’s hit them charts:

1. CAD/JPY

CAD/JPY is currently resting on a key support zone, with an over extended stochastic 

If we do see a good number of rejections before the daily candlestick close, we may look for a buy opportunity and possibly ride price to the NPRZ

2. CHF/JPY

Just like the CAD/JPY, CHF/JPY is also resting on a key support zone.

A buy won’t be a bad idea if the close of the daily candlestick confirms our bias

What say you?

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