FX.co ★ CAD/JPY Price Movement On August 27, 2020

The CAD/JPY pair is now moving in an upward pitchfork channel with the target at the 80.93 level. This action has been already confirmed by the hidden divergence between the price and the Stochastic Oscillator (Brown line). As long as this pair does not retrace downwards and closes below 79.87, then the bias of CAD/JPY is still bullish.

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