YGForex

CADJPY Potentially Turning BEARISH from here...

Short
FX:CADJPY   Canadian Dollar / Japanese Yen
In this analysis, I will be looking into the wick fill trading strategy. From our chart, we can see that price level has filled our level according to our wick trading rules. With that, today's candle should close below 23.6% fib level. If so, I will be expecting a move to 61.8% fib level with a potential BEARISH continuation till 161.8% fib level. This give us two levels to keep an eye on when shorting this pair.

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