Tickmill

Ichimoku cloud is also showing signs of bearish pressure in line

Short
FX:CADJPY   Dollaro canadese / Yen giapponese
CADJPY broke out of our short term ascending support line is approaching our first resistance at 85.13 (horizontal pullback resistance) where price could potentially react off this level and drop to our major support at 80.58 (horizontal swing low support). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias.
RSI (89) is also seeing a bearish exit and we might see a corresponding drop in price.
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