CADJPY has been holding a trendline as support since 85.109 which was the base of the descending channel it was in. Now at 88.315 it has broken this trendline and looks to be reversing to the downside. My first target will be at 87.670 as that is a strong level of support.
Trade geschlossen: Ziel wurde erreicht:
Exactly as predicted. Price went even lower.