Parity CAD / JPY yesterday continued its upward break of 77.50 and gave us a new buy signal.
Parity is also out of its uptrend channel (black lines) from above.
Then, the parity has tested resistance at 78 yesterday.
All indicators are bullish.
We continue to advise long positions as the support is 77.26.
Break 78 will give a new buy signal and open the way to 78.50
In case of return to 77.26, we will be neutral between this level and 77
Parity is also out of its uptrend channel (black lines) from above.
Then, the parity has tested resistance at 78 yesterday.
All indicators are bullish.
We continue to advise long positions as the support is 77.26.
Break 78 will give a new buy signal and open the way to 78.50
In case of return to 77.26, we will be neutral between this level and 77
