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EliteTradingSignals

CAD/JPY SHORT FROM RESISTANCE

Short
Canadian Dollar / Japanese Yen (FX:CADJPY)  
EliteTradingSignals Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis CADJPY short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis cadjpy short sell trading bearish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

Bearish trend on CAD/JPY, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 110.959.

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Comment:
I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!
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