CAD/JPY | Potential Downward Movement
💡 Trade Idea
📉 Sell Limit CAD/JPY @ 81.43
🎯 Target Profit 80.61
🛑 Stop Loss 81.84
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The price reached the higher end of the channel and now the sellers are trying to push the price downward. We have a daily resistance at 81.43 level which might prove to be difficult to break and lead to a reversal to the 80.61 mark.
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