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CADJPY May Go Up! Here is why...

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Kanada Doları / Japon Yeni (FX:CADJPY)  
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FX:CADJPY   Kanada Doları / Japon Yeni
Trend Analysis Chart Patterns Wave Analysis Forex trading Technical Analysis CAD jpy CADJPY canadiandollar yen japaneseyen
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trendanalysis chartpattern waveanalysis forex trading technicalanalysis cad jpy cadjpy canadiandollar yen japaneseyen
snapshot

CADJPY has recently reached a support line of a rising channel.
it looks like the market has respected 81.5 structure support and we see a buying reaction.

Pay close attention to a falling wedge pattern within the channel and buy the market in case of a bullish violation of the wedge.
Target levels will be 82.8 and 83.5.
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