UnknownUnicorn3249870

CAD/JPY resistance holding strong

Short
FX:CADJPY   Canadian Dollar / Japanese Yen
We can see that CAD/JPY is in similar situation like GBP/JPY. Price is at key resistance line and looking to form down movement as also indicators are signaling us that bears are giving up it's strength to bulls .Also, lets take a look On 4H chart the last couple of candles has shown us that price is loosing its momentum and now are looking for bears to take control over bulls as resistance might just be to tough for them to break it.

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