CadJpy– Monitor Weekly Resistance for selling opportunity.
Key Levels: Resistance = 82.0
Price Action: Break in daily ranges.
Notes: Trade idea posted on Wednesday, indicating for the potential for a move lower. Coming off weekly Resistance and a break down in daily ranges, gave us the green light to add short positions targeting new lows.
I will be holding a bearish bias going into next week on this instrument.
Video Review Available under trade ideas tab