Short CAD/JPY @ 104.847 Short

CAD/JPYOANDA

Description

⋅ Jul 12, 2022 1:18 PM

Range bound market with resistance at the 106 level and support at the 104 level. Strong sell off bar on the 4hr chart with little wicks and tails. Expecting price to drop significantly from here down to the 104 level.

Comments

JoeChampion

⋅ Jul 12, 2022 3:57 PM

Good work, we are bullish JPY too!

ZenMasterFX

⋅ Jul 12, 2022 4:36 PM

@JoeChampion, Thank you. Market is bullish this morning. JPY actually strengthening now. Might nix this trade.