12.06.202307:51 Forex Analysis & Reviews: Analisa Teknikal Pergerakan Harga Technical Analysis of Daily Price Movement of CAD/JPY Commodity Currency Pairs, Monday July 12 2023.Pasangan Mata Uang Komoditi CAD/JPY, Senin 12 Juni 2023.

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With the appearance of Bullish Pitchfork Channel on CAD/JPY commodity currency pairs gives the signal that if CAD/JPY is on Bullish condition, however, by the appearance of the deviation between CAD/JPY price movement with MACD indicator dan Stochastic Oscillator give the clue that if on a few days ahead this currency pairs has the potential to depreciated up to the level area of 101,51-101,00. But, if on its way to those level area suddenly CAD/JPY back to the initial bias until it breaks above the level of 104.87, it is very likely that the downside correction scenario described earlier will cancel itself.

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