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MujkanovicFX

CAD/JPY at trendline resistance - daily TF

Short
Dollaro canadese / Yen giapponese (FX:CADJPY)  
MujkanovicFX  
FX:CADJPY   Dollaro canadese / Yen giapponese
Trend Analysis Chart Patterns Beyond Technical Analysis
6
1
trendanalysis chartpattern beyondta
The Canadian dollar vs. Japanese yen pair has been trading at a falling trendline resistance for the 7th consecutive day, showing that the pair is having difficulties to break above.

The price is also trading near the 61.8% Fib level in an overall downtrend, signaling that the underlying downtrend may soon pick up.

Idee correlate

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