ChrisLaw1

CADJPY: Strong Resistance level Time To Short

Short
OANDA:CADJPY   Canadian Dollar / Japanese Yen
Cadjpy has been printing highs for some time now, currently price has reached a key resistance level which also aligns with the 50% Fibonacci retracement.
I believe a rejection from this level could lead the price to continue to dip lower
I'm bearish biased

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.