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Canadian Dollar / Japanese Yen
Short

Possible Drop for CADJPY Incoming

By Rayyan_2805
Possible drop for CADJPY. Price has remained under both 200 and 50 EMA indicating a short bias. Price has hit the resistance of the trend line channel as well as the horizontal resistance zone, both indicating a short bias. Small stop loss of about 40 pips and take profit of around 90 pips. CADJPY
accurateCADJPYcadjpyanalysiscadjpyforecastcadjpysellcadjpyshortcadjpytradeChart PatternsTechnical IndicatorssignalsTrend Analysis
Rayyan_2805
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