CAD.JPY - Key Structure Rejection @ 88.70

Currency Pair: CAD.JPY
Time Frame: Weekly, Daily, 4hr & 1hr
Predicted Direction: Short

CAD.JPY updates will be available in the comments section below.

The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.

Yorum:

Nice break and consolidation, however i need to see price pullback a little deeper to provide a trade opportunity.
I will be keeping a close eye on this pair.