CAD/JPY: Trading the range - TDS

FXStreet (Guatemala) - Analysts at TD Securities noted that there has been little in CAD/JPY and it remains in a range trading opportunity.

Key Quotes:

"No change in CAD/JPY and not much to say about prospects from a technical point of view; the sideways trend is well-defined and has been well-respected in the past few months."

"Momentum studies are slack on the daily chart and mixed across other timeframes, leaving directional risks equivocal from a near-term point of view. We look for more range trading for now."