| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Sell |
| Alligator(13;8;5) | Sell | Buy | Sell |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇘ | ⇗ | ⇘ |
[ANNOUNCE] The CAD/JPY currency pair has been trading within the ascending triangle pattern since the beginning of February. [/ANNOUNCE]
As apparent on the chart, the exchange rate has already reversed north from the lower pattern line at 82.88. From a theoretical point of view, it is expected that the pair reaches the upper triangle boundary at 83.97. If given pattern does not hold, it is likely that a breakout north occurs within following trading sessions. A possible upside target is the psychological level at 85.00.
Otherwise, it is likely that the rate continues to trade within given pattern until the end of February.