CAD - BEARISH
1️⃣ Investors returned to safe-haven currencies after news that US President Donald Trump tested positive for COVID-19 with just a month to go until the presidential election.
2️⃣ A sharp fall in oil prices undermined the Loonie.
JPY - BULLISH
1️⃣ Yen strong on a bid for the safe haven Yen following news that the US President Donald Trump and first lady Melania had contracted the novel coronavirus.
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TECHNICAL
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- We look to short CADJPY on SBR level + SMA100 area on H1 chart.
- CADJPY on bearish zone.
1️⃣ Investors returned to safe-haven currencies after news that US President Donald Trump tested positive for COVID-19 with just a month to go until the presidential election.
2️⃣ A sharp fall in oil prices undermined the Loonie.
JPY - BULLISH
1️⃣ Yen strong on a bid for the safe haven Yen following news that the US President Donald Trump and first lady Melania had contracted the novel coronavirus.
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TECHNICAL
=====
- We look to short CADJPY on SBR level + SMA100 area on H1 chart.
- CADJPY on bearish zone.