Long and Midterm CADJPY has been bearish making lower highs and lows on the 1HR, 2HR AND 4HR time frame respectively, 81.300 resistance zone is breakable for the bulls and a swamp of bears have taken over with a bearish rejection, the confirmation is a bearish engulfing along the trendline. The bears target 80.740
Komen:
This is EURJPY not CADJPY