CADJPY may experience a decline from the Bearish Order Block
The price is currently located within a Bearish Order Block.
Bearish Order Block:
109.094 - 108.895
Based on Smart Money Concepts (SMC), there is a high probability that CADJPY will face downward pressure from this area. Let's watch how the price reacts to this order block and see if it follows through with a downtrend.
Entry price :- 109.094 - 108.895
Take Profit :- 108.357
Stop Loss :- 109.469