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CAD/JPY Day Trading Analysis
Canadian Dollar / Japanese Yen
CAD/JPY Day Trading Analysis
By Trader_Dale
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Jan 2, 2023
3
Jan 2, 2023
On CAD/JPY is nice to see strong sell-off from the price 97.380 and 98.100 , there are nice to see strong volume area....
Where is lot of contract accumulated...
I thing that sellers from this area will be defend this short position...
and when the price come back to this area, strong sellers will be push down the market again...
Downtrend + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
CADJPY
Forex
Trend Analysis
Trader_Dale
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