DRWishunt101
Short

CADJPY confirmation candle

FX:CADJPY   Canadian Dollar / Japanese Yen
CADJPY was on its resistance level in the previous days. The last trading session last week was closed in favor of sellers. It can continue to fall to its support level because the structure of the trend of the pair is still ranging.

Always trade with caution. Practice proper risk management.

Comments

Very nice trade, follow me to
+1 Reply
DRWishunt101 DaweFXHunter
@DaweFXHunter, thank you man. Just followed you, hope you'll follow me back. 😊
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You can see price closed above the EMA have you considered longs?
Reply
DRWishunt101 beebeemoola
@beebeemoola, My bias is that CAD is not that strong. It will move up to gather strength to go down. Anything can happen. Always trade with caution. 😊
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