VasilyTrader

CADJPY: Looks Bearish Today

Short
FX:CADJPY   Canadian Dollar / Japanese Yen

CADJPY got rejected from key daily structure resistance.

on 1H the price has formed a double top formation on a key level and broken below the support line of a rising wedge pattern.
now the neckline of a double top and broken trend line serve as a local supply zone.

after its retest bearish continuation is highly probable

goals
78.7
78.3

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