Is that the end?
Seems that the strength of the Loonie (Candian Dollar) is coming to its end. One of the great trades that we can see that happens is the CADJPY.
Here is 4H chart:
There is very interesting channel and it is strong resistance area on daily chart. With the bearish pressure we can see and the bearish divergence, the pair will stop soon and begin the down cycle. The final target we will aim is the lower side on the channel
Enjoy this one
Vladimir Ribakov
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Hi Dave
Well i set some levels like 80.4 as level to trigger. We are moving down already
Vlad