Nifty has changed its trend from up to down. Today it is taking support Near 17K.
17K will play a crucial role for buyer and seller both.
If nifty gives opportunity to buyers fro entering and again come to 17K level, it will be trap for buyers and a sharp selling can be seen again below 17K levels
CADJPY tried to break out the resistance level but failed. now it has come to the lower zone again.
Once the price will go to the same level we have the opportunity to short as sellers who missed the entry at breakout failure will probably be waiting to enter.
GBPCAD is breaking strong resistance level and will further go upside once it retest the same level.
On shorter time frame we can look for bullish trade opportunity.
