Dollar Kanada / Yen Jepang
Pembelian

CADJPY price action:

125
Pure Price Action study:

CADJPY moved down after breaking a rising wedge mentioned at the 4H chart which is a bearish chart pattern. At the time being, CADJPY is trading near the resistance level of a rising formation signaling a near down move.

A break bellow the dotted line will confirm the bearish senario targeting the lower line of the mentioned formation.

As a long term target, we may see the price at 101.5 level, the beginning of the rising formation.

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.