Trade of the Day CADJPY

CADJPY is testing the key level

 

CADJPY is testing the key level for a downside reversal of 86.60. A confirmed break below this level will lead to a downside reversal and a test of 84. A bounce here will leave the pair in a consolidation pennant.

Note – Look to short upon a break below 86.60 with the stop loss above 87

CADJPY trading analysis

 

 

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