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thedealbuddy

Short CADJPY at 89

Short
Canadian Dollar / Japanese Yen (FX:CADJPY)  
thedealbuddy Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Chart Patterns cadjpyshort CADJPY
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trendanalysis chartpattern cadjpyshort cadjpy
CADJPY just broke a strong resistance zone. I expect it to touch it again and when it does we will go short again.
PT: 40pips
SL: 30pips

Canadian rates may not be raised again in near future and I see structural weakness going forward. We look to only short this pair unless some macro data suggest something else
Trade closed: target reached:
PT of 40pips reached
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