Thursday Market Analysis: CAD/JPY

Hello traders,

Sorry for not dropping setups consistently. We have to understand that good setups are scarce in the month of August. I have been trading just the setups I shared on Sunday 

Let’s check up CAD/JPY

 

1. CAD/JPY

Chart showing the Canadian dollars against the Japanese Yen

CAD/JPY continued its bearish move today. 

All I will be looking out for today/tomorrow is: Price breaking the key support zone and 200 moving average before selling to NPSZ. 

If for any reason price does anything different, I will be on the sidelines eating my hot Akamu and Akara

What say you?

 

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