Canadian Dollar / Japanese Yen
Short
Updated

CAD JPY SELL !!!

32
Price breaking key 80.00 level. Which was a strong support level a few years ago.

Huge downwards trend. Target 75.005 where price may bounce at this secondary key level.
Note
Moving SL to 82.005. This is above the last lower high.

A few announcements coming up on these pairs, so looking for some breathing room for the SL.

I still believe that the long term down trend isn't over.
Trade closed: stop reached
Was off the mark on this one.

On to the next trade.

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