Description
⋅ 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!