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CyclicalWaves

CADJPY; Another Bearish Phase Likely

Short
Canadian Dollar / Japanese Yen (FX:CADJPY)  
CyclicalWaves  
FX:CADJPY   Canadian Dollar / Japanese Yen
CADJPY cadjpyshort
4
0
cadjpy cadjpyshort
After heavy declines, this pair is carving out a bearish rising wedge formation. We think that this structure will break to the downside and if the latest swing low at 90.57 is broken, our bearish view will be reinforced.

Good luck,

Cyclical Waves Group
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