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CADJPY | Converging Triangle

Canadian Dollar / Japanese Yen (OANDA:CADJPY)  
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OANDA:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Harmonic Patterns Technical Indicators CADJPY cadjpyshort
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trendanalysis harmonicpatterns indicator cadjpy cadjpyshort
CADJPY has been converging in a symmetrical triangle and currently moving under bearish trendline on shorter timeframe. We are expecting it will bounce from the support zone (highlighted) and ultimately break above the converging triangle. Alternatively, breaking below the support will result in more bearish pressure.

Trade your levels accordingly.
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