CADJPY | W1 | BEARISH — A possible retracement?

Short

Canadian Dollar / Japanese Yen (FX:CADJPY)

FX:CADJPY Canadian Dollar / Japanese Yen

fibonacci trendline supportandresistance cad jpy cadjpy cadjpyshort forex fibonacciretracement

Analysis –
CADJPY | W1 | BEARISH

SELL @ 84.750
The price is currently approaching our Fibonacci Retracement 61.80%

This acts as our resistance.
This is an early signal so please do not enter yet.

If price reaches this level please enter for a sell.
The take profit level is @ 82.200 (255 PIPS).

Please note this is not financial advise.
Thank you.

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