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CADJPY OUTLOOK

155
seems like the market id giving is a bearish outlook on this pair for the following reasons:

we notice that the pair has once again come to the resistance zone of 91.480 - 91.680
we also not the supporting trend in blue has been broken and now being retested
there is a completion of the w formation leading to a retest as perivously stated.
the completed w formation is also giving us an bearish sentiment

HOWEVER the RSI is showing that there is still space for the market to be moving bullish so this may lead to a break above resistance a retest then bullish movement
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No news available at the current time.
we will update you as more news becomes readily available.


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