Get started
Orion-Markets

CADJPY presents a short opportunity from trendline resistance

Short
Canadian Dollar / Japanese Yen (FX:CADJPY)  
Orion-Markets  
FX:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Technical Indicators trading Forex currency currencytrading
8
0
trendanalysis indicator trading forex currency currencytrading
CADJPY has pulled back to trendline resistance and technical indicators suggest an overbought market losing momentum. After a period of consolidation we are now expecting a move to the lower trend boundary.
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.