justfurrakh

CADJPY....Bears in control

Short
OANDA:CADJPY   Canadian Dollar / Japanese Yen
A bearish flag pattern is completed so price may continue the trend after 107.75, signaling potential downward pressure. This breach may attract sellers, creating a potential scenario for continued bearish momentum.

It is crucial to monitor the 107.75 level as a sustained dip below this level could reinforce the bearish outlook, with sellers potentially regaining control.

In summary, continuation pattern may take over and can hit targets....
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