Buy CAD/JPY

USD/JPY, USD/CAD and CAD/JPY analysis by Keon Consultancy | Jan 23, 2020.

WHO didn't declare international virus situation, so safe haven JPY is losing against its recent minor gain that was just 38.2 of total loss against USD.

USD/CAD is also retracing down after upward thrust caused by BOC yesterday.

Having looked at scenarios of USD/JPY and USD/CAD (major pairs), it's good idea to buy CAD/JPY. Here is how we bought CAD/JPY: