Looking to short CADJPY here once we break under the red line here.
That would be a:
- Break in market structure
- Break of a 4h/daily S/R level
- price moving under a breaker
This should all act as decent resistence.
Some confluence here would be:
- CAD futures look like it wants to die any moment now
- S&P looking like it want to go down a little o that means JPY should see some strength here
That would be a:
- Break in market structure
- Break of a 4h/daily S/R level
- price moving under a breaker
This should all act as decent resistence.
Some confluence here would be:
- CAD futures look like it wants to die any moment now
- S&P looking like it want to go down a little o that means JPY should see some strength here
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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.