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17.02.202509:18 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of CAD/JPY Cross Currency Pairs, Monday February 17, 2025.

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Exchange Rates 17.02.2025 analysis

With the appearance of the Bullish Divergence pattern, it seems that CAD/JPY on the 30-minute chart has the potential to strengthen as long as there is no further weakening that breaks through and closes below the 106.86 level, then CAD/JPY has the potential to strengthen towards the 107.09 level. If this level is successfully broken through and closes above this level, then CAD/JPY has the potential to continue strengthening to the 107.50 level and if the momentum and volatility support it, then 107.85 will be the next target.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
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