traderpulse

CAD/JPY Technical analysis

Short
FX:CADJPY   Canadian Dollar / Japanese Yen
CAD/JPY is currently in a pullback trade in the 30-min chart.
The pullback seems unconvincing with a rising wedge formation.
Hence we expect the pair to face selling pressure from the bears and move downside from here.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.