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Forexrein
Nov 4, 2023 12:34 PM

CADJPY BEARISH Short

Canadian Dollar/Japanese YenFXCM

Description

CAD Bearish continuation is expected between the pair next week when the market opens. A pullback to 109.90 might come it to play before the next leg down.

Fundamental : Canadian economy is on track to enter technical recession.

Thanks for reading my analysis.

Comment below if you think we will see downside between the pair.


Disclaimer: This analysis is only made on speculation and are solely the views of the analyst, there is no guarantee the analysis will play out. Do your own research before taking a trade.
Comments
TheFxAce
You've captured the essence of potential market declines brilliantly.
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