CADJPY Analysis 13 June 2014

Category: Analysis Number: AU-00000003

Author: Mike Meyrickadmin Date:

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Since the beginning of March this year CADJPY has been coming up against strong resistance at the 94.00 level, with once false breakout in early April. What we have been seeing recently is a compression of price action up to the 94.00 level with a series of higher lows. If price can break through this level we could there is significant upside potential to the long side.

 

CADJPY Analysis 13 June 2014




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