joerenshaw

CADJPY - Short

Short
joerenshaw Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
Simple set-up - CADJPY has hit a strong level of resistance and bounced off. Having TP around the 77.0 area giving a 1:2 RR and is also just above the 61.8 FIB level. This pair is also showing signs that it is overbought on the Stochastic swell as rejecting the 200 EMA on the 4 hour TF.
Trade closed manually
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