CADJPY 1H Short: Daily EMA Rejection to AB=CD and TL Retest

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加元/日元 (FX:CADJPY)

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FX:CADJPY 加元/日元

CADJPY 1h retest fib Weekly Pivots Pivot Points s2 Moving Averages rejection glennmercer gmercerfx macluster

cadjpy 1h retest fib weeklypivots pivotpoints s2 movingaverage rejection glennmercer gmercerfx macluster

The pair has shown rejection at the Daily EMA cluster which will protect a SL above this level. It has also already tested its average daily range and may retest the trendline. TP at retest or AB=CD with SL above the EMA cluster.

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