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JoeChampion

CADJPY Potential Downsides

Short
Canadian Dollar / Japanese Yen (FX:CADJPY)  
JoeChampion  
FX:CADJPY   Canadian Dollar / Japanese Yen
Fundamental Analysis Beyond Technical Analysis Trend Analysis CADJPY CAD jpy SELL short Bearish Patterns Technical Analysis Contains image
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fundamental beyondta trendanalysis cadjpy cad jpy sell short bearish technicalanalysis containsimage
Hey Traders, in today's trading session we are monitoring CADJPY for a selling opportunity around 96.6 zone, CADJPY is trading in a downtrend and now seems to be in a correction phase in which it approach the major trend around 96.5 Support and Resistance zone. i Expect JPY to continue outperforming commodities as JPY is considered a safe haven in such a risky environment with Banking sector crisis.
Trade safe, Joe.
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