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mattmach

CadJpy

Short
Canadian Dollar / Japanese Yen (FX:CADJPY)  
mattmach  
FX:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Support and Resistance Chart Patterns Technical Indicators CADJPY short Fibonacci Retracement support keyarea priceaction analysis
3
0
trendanalysis supportandresistance chartpattern indicator cadjpy short fibonacciretracement support keyarea priceaction analysis
A short trade on CadJpy. Price has been sold of on Daily time frame and as we can see price has then retraced into the 0.5 Fibonacci area. This is also a key zone for the pair and is acting as good resistance. I can see the next downside target and price action around 80.000.
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