The BB lower band is nearby so CAD-JPY is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 117.504.
✅LIKE AND COMMENT MY IDEAS✅
ノート
I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!