$CADJPY short idea

FX:CADJPY   Canadian Dollar / Japanese Yen
Looking to short CADJPY here once we break under the red line here.

That would be a:
- Break in market structure
- Break of a 4h/daily S/R level
- price moving under a breaker

This should all act as decent resistence.

Some confluence here would be:
- CAD futures look like it wants to die any moment now
- S&P looking like it want to go down a little o that means JPY should see some strength here
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