CADJPY - Time for Retracement before resuming Bull run

Short

Canadian Dollar / Japanese Yen (CAPITALCOM:CADJPY)

Updated

CAPITALCOM:CADJPY Canadian Dollar / Japanese Yen

CADJPY has formed bearish divergence on RSI. If price breaks below the immediate support line marked in green then it is expected to retrace to previous swing high before resuming to move in longer term bullish trend.

Trade active:

Price is very close to reaching our target for going short.

Trade closed: target reached

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