DeGRAM

DeGRAM | CADJPY in descending channel

Short
FX:CADJPY   Canadian Dollar / Japanese Yen
CADJPY is trading in the descending channel .

The market is in a consolidation zone. It keeps bouncing off the same resistance level.

Price action is creating the pinbar at the channel border.

Price is likely to reject the psychological level of 108.000 and go down.


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