Canadian Dollar / Japanese Yen
Short
Updated

CADJPY: Will Resistance Push Price Down?

764
CADJPY: Will Resistance Push Price Down?

JPY is still very week during all these months and the speculation
is still very high.

We are talking about the JPY economy that is showing to support this
economic crisis better than the other countries but its currency is one of the weakest
and this is a real surprize.

Actually the price is close to the top of an old structure and the probability
is very high that the structure resistance can push the price down again.

However this is a very risky trade considering all the above data.

Thank you and Good Luck!
Trade closed: target reached
snapshot

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