CADJPY: The downside prevails
Midterm, CADJPY appears to have topped out. The Weekly chart has a bearish divergence and last weeks slide looks like a bearish impulse. I prefer to sell on rallies for another 200/300 pips.
Trade closed: target reached
Target reached in 36 hours. Price is now at a support level as we await the next move
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.