
What happened? Japanese shares fell on Monday…
2019-11-11 • Updated
CAD/JPY recently broke through the key support level 84.310 (which reversed the price shortly at the end of February). The breakout of the support level 84.310 accelerated the active impulse wave 5, which belongs to the intermediate impulse wave (C) from the start of January. CAD/JPY is expected to fall further toward the next sell target at next support level 81.00 (which reversed the price in last June and July).
What happened? Japanese shares fell on Monday…
USDCAD began the week slightly higher reaching as high as 1.2510 but failed to sustain these gains.
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