TGIF Traders,
Let’s hit the charts and see what it has for us.
1. CAD/JPY
Since the beginning of the week, we have got price forming a consolidation area around the CAD/JPY key resistance level (82.940)
There could be a slight possibility that we may see price go on a bullish rampage this Friday if the daily candlestick closes with a bullish pin-bar.
If price closes with a doji, price may continue to consolidate between the 82.600 and 83.160 level till next week where we may see some viable action.
Alright ladies and gentlemen, I want to appreciate you for keeping your eyes glued to our analysis and articles.
We will be back here on Sunday, dropping analysis on your favorite pairs.
Till then stay blessed and do have a grand weekend.
