CADJPY

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CADJPYCAD/JPYOANDA:CADJPYmwananukachabotaCADJPY shows strong signs of a potential downward move based on technical analysis: Market Structure: Price has formed a lower high, indicating a bearish shift in structure. Resistance Zone: Price has reacted from a key resistance / supply area, showing rejection with long upper wicks. Trend: The pair remains below key moving averages, confirming bearish momentum. RSI: RSI is below 50 and turning downward, suggesting weakening bullish strength. Liquidity Sweep: Price appears to have swept buy-side liquidity above recent highs and is now reversing. Break of Structure (BOS): A bearish BOS has occurred, increasing probability of continuation to the downside. 📉 Bias: Bearish 🎯 Expectation: Price likely to continue dropping toward previous support levels unless resistance is broken and held above.