CADJPY Analysis

Reasons to sell:
1. The market broke below a previous high.
2. The market formed a lower high.
3. In terms of currency strength, the Japanese Yen has a bullish index reading of 44% while the Canadian Dollar has a bullish index reading of 42%.

Short Opportunity:
- Stop Loss: 79.600 (60 pips)
- Take Profit: 77.000 (200 pips)

Yorum:

Close profits,price is struggling to beat the support level.
Rather stay out of the market during uncertain times.