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ChampsMoneyConcepts

⚡️CADJPY CMC TRADING ⚡️ RISING WEDGE & MAJOR SUPPLY ZONE

Short
Canadian Dollar / Japanese Yen (FX:CADJPY)  
ChampsMoneyConcepts  
FX:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis
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trendanalysis chartpattern waveanalysis
CADJPY is currently situated within a significant supply zone, raising the possibility of a potential reversal. Notably, the price has formed a robust rising wedge pattern, further bolstering the potential for a bearish breakout along the lower boundary. Confirmation of a breakout on the structure could pave the way for a substantial bearish trend on this currency pair.
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