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CADJPY Two potential bearish setups

Short
Canadian Dollar / Japanese Yen (OANDA:CADJPY)  
Forex48_TradingAcademy  
OANDA:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Wave Analysis Fundamental Analysis short LONG setups academy education signals Forex CAD forex48
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trendanalysis waveanalysis fundamental short long setups academy education signals forex cad forex48
On CADJPY, we have a bullish setup since Thursday. Currently, the price is around 100.70 and rapidly ascending. The expectation is for a bounce around 100.95, where we have a supply zone with a bearish setup identified by the Forex48 strategy. In addition to this potential entry, we have another one around 101.60. Both entries look promising; we will see which one the market favors.

Let me know your thoughts.

Happy trading to all.

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