CADJPY has formed bearish divergence on RSI. If price breaks below the immediate support line marked in green then it is expected to retrace to previous swing high before resuming to move in longer term bullish trend.
Trade active
Price is very close to reaching our target for going short.Trade closed: target reached
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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.