JPY Weakness Sweeps The Market
Fri 21st July 2023 : Daily Forex Price Action
Today we’re looking at Trading Setups in:
CADJPY (Primary Focus Pair)
CHFJPY (Covered In Video)
NZDCHF (Covered In Video)
CADJPY tops our day traders table as JPY weakness dominates the market.
CADJPY has found support at a weekly level which was a neckline of a double top pattern that had formed around October 2022.
Price has rejected this neckline support at 104.50.
Cont.