FX.co ★ CAD/JPY Intraday Price Movement For Feb 20, 2020

On the 4-hour chart, we see clearly that CAD/JPY has been already developing a steady rally. In other words, this pair is now moving under buying pressure. Under such market conditions, the CAD/JPY pair will try to reach its primary target at 84.44 as long as the price is not going down and closes below 83.65. The level of 84.44 is still viewed as the primary target.

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