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CAD/JPY SENDS CLEAR BEARISH SIGNALS|SHORT

Short
Dollaro canadese / Yen giapponese (FX:CADJPY)  
EliteTradingSignals Aggiornato   
FX:CADJPY   Dollaro canadese / Yen giapponese
Trend Analysis Chart Patterns Wave Analysis CADJPY short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis cadjpy short sell trading bearish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

CAD/JPY is trending down which is obvious from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a great trend following opportunity for a short trade from the resistance line above towards the demand level of 111.217.

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