CADJPY likely to rebound from resistance and turn BEARISH!
CADJPY has reached the 4-month descending trendline where it showed some rejection from the level! Furthermore, CAD is dropping in value and oscillators are showing signs that the pair is overbought! Thus, we are shorting the pair!
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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.