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Edden5

CAD / JPY Multi time frame analysis

Short
Canadian Dollar / Japanese Yen (FX:CADJPY)  
Edden5  
FX:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis
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trendanalysis chartpattern waveanalysis
On the basis of support and resistance trading we can see that, CADJPY currently on its resistance area, it is a very good resistance on Daily time frame, it reach this area on 4th time on daily time frame and before it it was very obvious support as shown in the chart, we have a good opportunity to go short in this pair.

Note : Trade at you Own RISK
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