MoolahMaker

CAD/JPY - 200+ Pips Opportunity

Short
FX:CADJPY   Canadian Dollar / Japanese Yen
CAD/JPY 0.31% is most possibly in a reversal mode at the moment being.

In the shorter term charts, we can see the convergence divergence with the MACD , with prices moving higher yet MACD making lower lows.

If this resistance holds then we can expect CAD/JPY 0.31% to go down at least 200 pips.

Always trade with your own analysis as well as money manage properly.

Happy Trading!
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