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CADJPY: Overbought Market & Pullback 🇨🇦🇯🇵
Canadian Dollar / Japanese Yen
Short
CADJPY: Overbought Market & Pullback 🇨🇦🇯🇵
By VasilyTrader
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Updated
May 5, 2021
2
6
11
11
May 4, 2021
CADJPY is currently trading on a strong weekly pivot.
On hourly, the price broke below a rising wedge pattern
and formed a double top pattern.
It looks like the pair is overbought.
I expect a bearish move to 88.5
May 5, 2021
Note
Check my new analysis on GOLD:
CAD
Chart Patterns
japaneseyen
jpy
Wave Analysis
Wedge
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