CADJPY: SELL

11 нояб. 2021 г.

This pair is making quite a few lower highs and lower lows after bearish reversal from a pretty long bullish phase. Following an almost parallel upper and lower trend lines on 4 hourly chart, it is in the upper half of the channel. My call is sell on current levels with a stop loss at 92.200 which is the previous lower high. My target is 90.150 just above S2.