Reason for Buying CAD/JPY : 

CAD/JPY was moving up and down between the ranges in H1 Chart.

Finally, market broken the top level of the range with Buyers pressure.

After breakout, CAD/JPY Buy signal was given to our members.

CAD/JPY re-entered into the range and broken the bottom level.

It shows that market is not respecting the ranges anymore.

The trend range becomes invalid now due to breakouts happened on both top and bottom levels.

Due to the major fundamental effects in this week, CAD/JPY starts to make a correction now.

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Forexgdp Team.

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Forex GDP team provides High Quality Forex signals services exclusively to all type of traders around the world. Each signal given with chart analysis that helps you to trade with confidence on your account. Forex GDP team worked with Major banks, Financial Institutions, Liquidity providers, Forex brokers in different job positions such as Equity Dealer, Fund Manager, Senior Market Analyst, Risk Manager and other major roles in Forex Trading Companies. Try free now to see the quality trades on your account.