JigneshDavda

Inverted Head & Shoulders Potential

Long
FX:CADJPY   Canadian Dollar / Japanese Yen
Potential Inverted H&S - Need to see a Neckline break at 87.40 for confirmation


This pattern ties into fundamentals, there is a price differential between CAD & Commodities calling for an overshoot of CAD bearishness. Unless Commodities sell off sharp, CAD is likely to retrace some of it's losses.

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