lodrickthomas

CADJPY Daily Timeframe (Bearish Case)

Short
FX:CADJPY   Canadian Dollar / Japanese Yen
A few days ago I shared CADJPY analysis indicating a bearish pattern on H4!

Today I want to share the same analysis on the Daily timeframe!

Price is approaching to daily trendline resistance zone!

At the same time price approaching a key supply zone!

Failure to break above the zone will be an indication that bears are about to take over!