CADJPY: Potential pull-back, Resistance zone [106/106.2]
CADJPY is within a short-term trading range between 104.7 and 106.
One of possible scenario is to see rate is unable to breach 106/106.2 where it might create a path toward 104.2/104.7 lower boundary. To this scenario happens, rate has to hold below 106.25.
One of possible scenario is to see rate is unable to breach 106/106.2 where it might create a path toward 104.2/104.7 lower boundary. To this scenario happens, rate has to hold below 106.25.