As discussed Last Week March 6th, CADJPY chose to move further up reaching the next barrier at 84.00. In today’s early asian session, bulls tierd to touch the psychological level for the fourth time but couldn’t pass above 84.00 level, as of now writing.
Hourly time frame showing a bearish bounce back at 84.00 which is expected to fall once the 83.500 is broken downwards. Coming to the last day without any high economical impact on CAD, bulls may try breaking 84.00, which can have a bull trend above 84.200
CADJPY TODAY:
Daily open: 83.760
Daily Last high: 84.037
Daily Last Low: 83.699
Daily current growth: +0.16%