CADJPY: Trend-Following Setup 🇨🇦🇯🇵

Short

Dollar canadien / Yen japonais (OANDA:CADJPY)

OANDA:CADJPY Dollar canadien / Yen japonais

supportandresistance mtfa doubletoporbottom cadjpy cad yen japaneseyen japan canadiandollar trader fxtrading

CADJPY has recently broken and closed below a key daily support.
The broken structure turned into resistance now.

The price formed a double top pattern on a 4H time frame retesting that
and broke its neckline then.

I expect a bearish move to 99.7 / 99.1 levels

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