I am shorting CAD/JPY this week as we have a double top formed with rejection to the previous resistance zone
JPY has came out with higher inflation data so the JPY has gained strength so I'm expecting the CAD to fall all im waiting for is a retracement to the 0.618 zone and then shorting from there
JPY has came out with higher inflation data so the JPY has gained strength so I'm expecting the CAD to fall all im waiting for is a retracement to the 0.618 zone and then shorting from there
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.