TODAY’S CAD, JPY PAIRS LIVE TRADING SIGNALS, PLUS PRICE MOVEMENT

[Mark Mc Donnell1]

Today in forex trading the JPY was strong and the CAD was weak, driving good short-term movements. The CAD/JPY and CHF/JPY both dropped on the smaller time frames. There are no downtrends in place on these pairs so we would exit as day trades. The CAD weakness drove the GBP/CAD and EUR/CAD higher. The GBP/CAD is range bound so we would exit any buys. The EUR/CAD moved higher in the strong uptrend. This pair has more upside to about the 1.5050 area (estimate).

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