The price of CAD/JPY is at a crossroads on the daily chart, sandwiched between weekly upside and monthly downside set-ups. The monthly outlook as the price testing a resistance structure as follows: Monthly chart However, from a weekly perspective, the price has completed a return back to high volume support which leaves the upside open for a restest from liquidity. Weekly chart Daily chart The daily chart opens risk to the support level for which if it holds will likely see bull emerge for a re-run of the upside. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Chinese CPI higher than expected, 2.7% vs 2.6% FX Street 2 years The price of CAD/JPY is at a crossroads on the daily chart, sandwiched between weekly upside and monthly downside set-ups. The monthly outlook as the price testing a resistance structure as follows: Monthly chart However, from a weekly perspective, the price has completed a return back to high volume support which leaves the upside open for a restest from liquidity. Weekly chart Daily chart The daily chart opens risk to the support level for which if it holds will likely see bull emerge for a re-run of the upside. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
