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MazumaForex

CADJPY Analysis, Short

Short
Canadian Dollar / Japanese Yen (FX:CADJPY)  
MazumaForex  
FX:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis
8
1
trendanalysis
Hey guy, this is my analysis on CADJPY on the 4H Timeframe.

- Downward Channel
- Hit Strong resistance and is attracted towards strong support.
- Waiting for strong breakout or continuation of pattern.
- RSI and MACD showing downtrend.
- Red Candle and below EMA

Cheers.
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