加元 / 日圓
看空

Shorting opportunity on CADJPY possible!

71
Hello Traders,

We’re keeping a close watch on CAD/JPY for a potential selling opportunity. The pair has been in a strong downtrend for months, and the bearish pressure remains intact. At the moment, price has retested its falling trendline resistance, making this a key level to monitor.

I'll be looking for short entries from this zone, with targets set at 103.630 and an extended target at 101.470.

If you find this analysis helpful, a boost would be greatly appreciated. Thank you!

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