[9/12/21] CADJPY Bearish bias
PAIR IN FOCUS: CADJPY
BIAS: BEARISH / SHORT
Market sentiment shifted to risk-off, resulting in a weak JPY which saw CADJPY and other JPY pairs rise. Price is currently retesting a previously broken resistance zone, and could head down. A continuous strong risk appetite in the markets would see this setup fail quickly.
BIAS: BEARISH / SHORT
Market sentiment shifted to risk-off, resulting in a weak JPY which saw CADJPY and other JPY pairs rise. Price is currently retesting a previously broken resistance zone, and could head down. A continuous strong risk appetite in the markets would see this setup fail quickly.
Nota
Risk-on**
Penafian
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