Parity CAD / JPY continued its upward movement within its uptrend channel (black lines)and the break of 77 gave us a new buy signal.
Currently the pair is testing resistance at 77.50 next.
All indicators are bullish.
We continue to advise long positions as the support is 76.71.
Rupture of 77.50 give a new buy signal and open the way to 78.
In case of return to 76.71, we will be neutral between this level and 76.50
Currently the pair is testing resistance at 77.50 next.
All indicators are bullish.
We continue to advise long positions as the support is 76.71.
Rupture of 77.50 give a new buy signal and open the way to 78.
In case of return to 76.71, we will be neutral between this level and 76.50
