JamieHolmes
Short

CADJPY downward trend confirmation at daily tf

FX:CADJPY   Canadian Dollar/Japanese Yen
48 0 1
Declining interest rate differential following BoC's move to cut interest rates to 0.75% from 1%.

yesterdays price action saw the lagging line close below the cloud, confirming a downward trend

SL - orange dotted line

TP - green line

entry - yellow line
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