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CADJPY Falls Prior To Weekend Doha meeting -

Apr, 15th 15:02


Crude futures continue the downtrend due to OPEC warning of low global demand, as well as speculation that there would be few firm commitments at the producers’ meeting to be held in Qatar on Sunday. The situation has led the Loonie to witness significant falls against its Japanese counterpart. On chart H1, the pair CADJPY seems to continue dropping with RSI getting closer to the oversold zone.

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