CADJPY INITIATING A DOWNTREND: LOWER LOWS SEEN

Short

Canadian Dollar / Japanese Yen (FX:CADJPY)

Updated

FX:CADJPY Canadian Dollar / Japanese Yen

CADJPY IS SHOWING SIGNS OF AN INITIAL DOWNTREND FORMATION.

LOWER LOWS ARE SEEN

INVALIDATION OF THE DOWNTREND IS AT 80.52

Comment:

CADJPY downtrend is underway......stay in it till it forms a bottom

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