In my view, cadjpy will fall after the break below of the trend line and subsequently the key level.
Kommentera:
Yesterday I posted a short term short position for this pair. Here is what I think will happen going forward. The price seem to fail to return inside the up trend line, this is the indication of an accumulation from sellers, should the price keep this shape, we will see the pair moving down to atleast 87.950 area.