CADJPY: Pin Bar at Potential Reversal Area
Watching this confluence
Chances for another bearish leg seems above 50 percent for me. A break below yesterday's low at 97.14 may confirm a short trade.
- 200-Days SMA
- Rising Trend line resistance
- 127.1 extension level for the latest bearish wave
- Shooting star candle
Chances for another bearish leg seems above 50 percent for me. A break below yesterday's low at 97.14 may confirm a short trade.
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