CADJPY is breaking below the rising wedge
CADJPY has broken below the rising wedge of 86.60 for a downside reversal and is retesting it now. A break above this level is important for the upside extension. Rejection on a retest of this previously broken level could lead to a deeper fall to 84. As long as the pair is below 86.60-87 zone look for the short trades.
Note – Look for short trade entries with the stop loss above 87
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