CAD/JPY

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CAD/JPY is a lightly traded currency cross based on USD/CHF and USD/JPY currency pairs. CAD/JPY is traded during the Tokyo and London sessions. The best use for this Forex pair is to buy it when there is a lot of optimism for the high-yielding markets and oil, and to sell it when risk-aversion is in fashion. You will find some examples of chart pattern trades for CAD/JPY below.

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