| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Neutral |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇗ | ⇘ |
The CAD/JPY has currency pair revealed a long-term ascending triangle pattern.
From a theoretical point of view, it is likely that the exchange rate could continue to trade within the predetermined pattern in the medium term.
Meanwhile, the rate could gain support from the 55-, 100– and 200-period moving averages in the 79.25 area. Thus, a breakout north could occur, and the pair could target the Fibo 61.80% at 84.97.