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Moss_Fettes
Oct 4, 2021 1:51 PM

CADJPY Buys  Short

Canadian Dollar/Japanese YenFXCM

Description

CAD JPY coming to 88.509 resistance zone, waiting for a test of this zone then candle confirmation to show heavy bottom wicks, indicating a bearish transition. Supported by the continuous downtrend of the day and weekly charts. Additional confirmation of a fib level. TP at previous zone of 85.0221 SL at previous higher zone of 88.9541.
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lawlessFX
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