CADJPY Bearish Analysis (Risky Trade)

For the past few days, we witnessed some JPY strengths which as a result CADJPY was pushed down!

Technically the structure is downtrend BUT WE CAN NOT IGNORE THE PRESENCE OF a SUPPORT ZONE AT DAILY TIMEFRAME!

So if we observe any reversal pattern candlestick formation at daily support zone or lower timeframes like H4 and H1, it might be a good sign for bulls dominance on CADJPY!