Hello...
The price action of CADJPy is reaching potential level from where we may see price moving lower , there is both 97 psychological level and ascending channel pattern resistance , also there has been wonderful rally to the upside which should retrace towards fib levels....
however in these days JPY is very weak and lots of retail selling can push pair little higher , watch in 4hr chart possible entries of short towards fib levels..
The price action of CADJPy is reaching potential level from where we may see price moving lower , there is both 97 psychological level and ascending channel pattern resistance , also there has been wonderful rally to the upside which should retrace towards fib levels....
however in these days JPY is very weak and lots of retail selling can push pair little higher , watch in 4hr chart possible entries of short towards fib levels..