CADJPY: Time to Fall

2020년 12월 7일

CADJPY is trading within a major sideways consolidation range on daily.

Last week its resistance was reached and chances are high that the price will start falling.

As a confirmation, on hourly, the price has set a lower high after a strong expansion.

I will expect a bearish move at least to 71.0 level (just a couple of pips above)