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JoeChampion

CADJPY Potential Downsides

Short
Canadian Dollar / Japanese Yen (FX:CADJPY)  
JoeChampion  
FX:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Beyond Technical Analysis Fundamental Analysis CADJPY CAD jpy SELL short Bearish Patterns Technical Analysis Contains image
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trendanalysis beyondta fundamental cadjpy cad jpy sell short bearish technicalanalysis containsimage
Hey Traders, in the coming week we are monitoring CADJPY for a selling opportunity around 99.400 zone, CADJPY is trading in an uptrend and now seems to be in a correction phase in which extending pullbacks are approaching the major trend around 98.4 resistance zone. We would also consider potential JPY strength as there are expectations about major changes in BoJ monetary policy.
Trade safe, Joe.
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