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CAD/JPY SHORT FROM RESISTANCE

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Dolar Kanada / Yen Jepun (FX:CADJPY)  
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FX:CADJPY   Dolar Kanada / Yen Jepun
Trend Analysis Chart Patterns Wave Analysis CADJPY short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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Hello,Friends!

Bearish trend on CAD/JPY, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 110.959.

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Penafian

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