
We have outlooked several promising Forex pairs and the result can surprise you!
Don’t waste your time – keep track of how NFP affects the US dollar!
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Risk aversion persists and so far there are no signs that the situation will improve. CAD/JPY is a natural pick for trading in this kind of environment. The pair is testing levels below 80.50 - the area that limited the decline in 2017 and 2018. The downtrend continues as we witness the series of lower highs on the chart. The next target on the downside may lie at 79.15 (78.6% Fibo of the 2018-2019 advance).
We have outlooked several promising Forex pairs and the result can surprise you!
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