FX:CADJPY   Canadian Dollar / Japanese Yen
The long-term trend for CadJpy is up for quite some time and although I don't expect this to change soon, at this moment a deeper correction could follow.
The recent break above 108 is a false one and this can lead to a break down of the trend line support.
108 remains strong resistance and in this zone, traders should look for selling opportunities.
As a target, the horizontal 102 level can serve as a target and a break above 110 negates this scenario.

🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.