cadjpy has positively reacted on 84.5 resistance.
on 1h we see a lower high formation and a bearish breakout of minor support to the downside.
now the pair is retesting the broken level giving us a perfect opportunity to short.
I will expect the retest of the 84.0 level with potential continuation to 83.7
please, support the idea with like! thank you!
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✅Join My Telegram Channel: t.me/VasilyTrading
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✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.