CADJPY SELL

138
CADJPY has broken trendline and should drop further now. It is also oversold so its due a pullback. CAD INDEX has rejected trendline a numerous times on the 4hourly candle and seems to have lost its bullish momentum. JPY index has reached a structure level and seems to have lost its bearish momentum. It has also created an inverse head and shoulder on the daily chart.
SL @ 92.640
1st TP @ 91.600
2nd TP @ 91.000

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