CADJPY TRADE REVIEW

Trade Idea

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Result

CadJpy– Monitor Weekly Resistance for selling opportunity.

Trend: Bearish
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 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. 
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