CADJPY is currently downtrending on a 4HR Timeframe
- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan Sen down
- Chiko Span below candles
Market is trending down in H4 and on the lower timeframes.
Initial target is on 86.00 level.
Look for a trading edge at a lower timeframe.
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