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DuvsterTrading

CAD JPY D1 Opportunity to SHORT in the upcoming week

Short
Canadian Dollar / Japanese Yen (FX:CADJPY)  
DuvsterTrading  
FX:CADJPY   Canadian Dollar / Japanese Yen
CADJPY short Engulfing Candle takeprofit
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cadjpy short engulfingcandle takeprofit
CAD/JPY is currently in a downtrend. We can see the rejection of the area around 82.000 and the Bearish Engulfing Bar that followed that wind up, ended up pushing price all the way down to 78.198. Ending the week with a large Bearish EB on the daily Time Frame. If the bears can push and close below this move, we may see some momentum all the way down to the area around 75.000
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