CADJPY: Market Overview and Possible Sell Opportunity
2019-12-15 23:27:33
The same pattern as it is in AUD markets.
The price reached the resistance zone between two resistance levels. It can give us a reversal signal and new sell opportunities from lower timeframes.
It does not mean that the price bounced right now, MACD and RSI still support the upward movement. But during the week, I think^ we will get a good reversal signal and new trade opportunities.
We should add this market to our watchlist.