Chiradeep_Banik

Current situation on CADJPY

Short
OANDA:CADJPY   Canadian Dollar / Japanese Yen
The pair is currently rejecting from a major level of resistance. The lower time-frames indicate a trend reversal.
A short position with a tight stop-loss and a take-profit at 1:3 risk reward is preferable.
the opportunity is in the 4 Hr time frame.
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