Canadian Dollar / Japanese Yen
Short
Updated

CADJPY is now at resistance. we can expect downside momentum now

CADJPY is now at resistance. we can expect downside momentum now

Support is between the price of 103.67 and 102.87
Resistance is between the price of 109.17 and 108.22
There is a point where the price is consolidating 106.67 and 106.27

Now the price is at resistance zone so now we can expect the price may come down, we can see the price touches the resistance multiple time.

according to my analysis it suggests the :-

Entry price :- 108.692
Take Profit :- 107.443
Stop loss :- 109.941




Trade active
Trade is now active. open the position within the resistance zone.

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