CADJPY: Slight Rise

CADJPY, Daily

On the H4, CADJPY broke the downtrend line and retested it again. The price bounced off the trend line and crossed the FRAMA. At the same time, the AO indicates a bullish sentiment.

• We consider buying CADJPY on consolidation above 104.000 with a target to 105.000 and further to 105.800;