FOREXCOM:CADJPY   Canadian Dollar / Japanese Yen
CAD/JPY look bearish like CAD/CHF. And also it's look very interesting to short as incoming news come from interest rate decision by Bank of Canada.

I put a short position in $108.62 JPY entering in three market price. Stop Loss fix to $109.34 JOY. And this it's my target profit to $106.45 JPY

We hope a bearish movwmwnt in this par


We're forming a bearish armor ic pattern called bearish BAT and also the price it's below of the 0.782% using fibonacci level. What it's a crucial moment to entry in short.

Good luck

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.