cad/jpy

Here we can see cad/jpy being bullish for more than a month , also very overbought. We see that the bulls have lost their strength as it struggles to break above ema20 and macd idicator showing a dowtrend potential . For me i would like to see it around at 85.000 or maybe 84.500 for the short term . SMALL goals and concistency will lead up to green days. Remember wait for the retest or confirmation!!!