FX:CADJPY   Canadian Dollar / Japanese Yen
Consolidation has recently broken setting new lows. We now have price pulling back rejecting of the trendline annotated on the chart. We has a good wick rejection from this bullish candle coming back into the key level that may grant us a potential short entry. The levels indicated are not my actual entry. I will be waiting for one more bearish candle close before considering entering this pair.

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.