Chart of the Day: CAD/JPY Channel
The Canadian Dollar has broadly weakened amid selloffs in equities, crude and other commodities to which it is correlated.
The CAD/JPY cross is approaching support of the lower trendline of it's channel on the daily chart.
Chart courtesy of Oanda
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Disclaimer: There is a substantial risk of loss in trading stocks, futures, options and forex. Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation with respect to the sale or purchase of any securities or commodities.
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09-27-2012, 06:23 AM
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