CADJPY SHORT Analysis

Updated
Technical Analysis

1. Market broke through the support of the resistance zone
2. Market retested after the breakout
3. Diagonal Head & Shoulder Formed
4. Forming of the 2nd Shoulder at retracement level

Safe Take Profit at 87.640

Comment
I missed out point #5

There's also a rising wedge forming
Comment
CADJPY is set to fall for the next few weeks.
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