Canadian Dollar / Japanese Yen
Short
Updated

CADJPY: Bearish Continuation

490
snapshot

CADJPY is trading in a huge falling channel.

Recently its resistance was tested.

The price formed a descending triangle on its boundary and broke below its minor support.

Now bearish continuation is expected.

First goal - 85.6
Note
Check my new analysis on GOLD:
How to Trade Gold Next Week? Your Trading Plan:

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.