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Rayyan_2805

Possible Drop for CADJPY Incoming

Short
Canadian Dollar / Japanese Yen (FX:CADJPY)  
Rayyan_2805  
FX:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators CADJPY cadjpyshort cadjpyanalysis cadjpytrade cadjpysell cadjpyforecast signals accurate
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trendanalysis chartpattern indicator cadjpy cadjpyshort cadjpyanalysis cadjpytrade cadjpysell cadjpyforecast signals accurate
Possible drop for CADJPY. Price has remained under both 200 and 50 EMA indicating a short bias. Price has hit the resistance of the trend line channel as well as the horizontal resistance zone, both indicating a short bias. Small stop loss of about 40 pips and take profit of around 90 pips. CADJPY
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