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
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