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Chibuike_Odoh
Nov 25, 2020 10:44 PM

CADJPY - Potential sell entry 🔽 Short

Canadian Dollar/Japanese YenFXCM

Description

CADJPY retraced as expected from my previous analysis.
Price is testing the 0.5 fibonacci retracement level.
RSI is printing a bearish divergence signal.
Potential downtrend continuation.
Sell entry ⬇️ - breakdown below the previous swing low.
Target 🎯 - downtrend swing low, major support level.
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