Cadjpyforecast
CADJPY approaching resistance, look out for potential reversal!
CADJPY is approaching its resistance at 81.192 where it is could reverse down to its support at a 80.246.
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CAD/JPY looks bearish is this a continuation of the bears?looking at my CAD/ OANDA: CADJPY JPY I can easily see that this has been a bearish market and i recently reached its weekly SUPPORT, based on price action T THE 4hour chart I can possibly say that the CAD/JPY will continue to dip down,for a signal go to t.me
Possible Drop for CADJPY IncomingPossible drop for CADJPY. Price has remained under both 200 and 50 EMA indicating a short bias. Price has hit the resistance of the trend line channel as well as the horizontal resistance zone, both indicating a short bias. Small stop loss of about 40 pips and take profit of around 90 pips. FX:CADJPY