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quintalytics

Potential CADJPY SHORT setup

Short
Canadian Dollar / Japanese Yen (FX:CADJPY)  
quintalytics  
FX:CADJPY   Canadian Dollar / Japanese Yen
CADJPY 4h short
3
0
cadjpy 4h short
Looking at a potential CADJPY SHORT setup if price fails to CLOSE above 79.26 (78.6% retracement). There is a momentum divergence that will solidify on the failure to CLOSE above 79.26.

Otherwise, look for a run up to to test 80.215.
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