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CADJPY Bearish idea
Canadian Dollar / Japanese Yen
Short
CADJPY Bearish idea
By VladimirRibakov
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Dec 13, 2022
2
Dec 13, 2022
W1 - Price respected the psychological level 110 and bounced lower.
Bearish convergence.
D1 - Currently it looks like a pullback is happening.
No opposite signs.
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
Bearish Patterns
bearishconvergence
bearishdivergence
CADJPY
Technical Indicators
Multiple Time Frame Analysis
psychologicalroundnumber
pullbacks
SELL
Trend Analysis
VladimirRibakov
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