DeGRAM

CADJPY return to level / Fall

Short
FOREXCOM:CADJPY   Canadian Dollar / Japanese Yen
The price jumped last week.
Broke the resistance level 86.84.
But then it stopped at the resistance zone of 87.85.
The basis of the zone is a strong line (May 2020)
After the breakdown of the resistance level 86.84, the price reversed in the 87.85 zone and fell back to the level.
The price broke it earlier this week.
I expect it to continue falling towards support.
The target is 84.89.

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