CAD/JPY Short Opportunity
Weekyl closure on CJ was extremely bearish. Taking out all the bulls towards the end of the week, this pair look set to sail down into 78.000 region and possible further from there.
78.500 was broken and re-rested at the end of last week. I will personally be looking to short this pair next so long as price action and the structure lines up.
Ideally a retest on 78.400 region would be my prefered sell area but I have a feeling the asias session tonight will see further downside on this pair so I will be monitoring closely.
78.500 was broken and re-rested at the end of last week. I will personally be looking to short this pair next so long as price action and the structure lines up.
Ideally a retest on 78.400 region would be my prefered sell area but I have a feeling the asias session tonight will see further downside on this pair so I will be monitoring closely.
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