CADJPY Rejection at Key Supply Zone – Bearish Move Ahead?CAD/JPYOANDA:CADJPYFrankFx14Hello Traders! 👋 CADJPY is showing signs of weakness after testing the 107.478 – 108.504 supply zone. Price broke below the ascending trendline and is now retesting it as resistance. If this rejection holds, we could see strong bearish momentum pushing price toward the 104.644 support zone. 🔑 Key Levels to Watch: Resistance Zone: 107.478 – 108.504 Current Price: 106.85 Next Bearish Target: 104.644 ⚡ Bias: Bearish if rejection holds below 107.478. A clean close above 108.504 would invalidate this setup. 📌 Technical Confluence: Trendline break ✅ Supply zone retest ✅ Lower highs forming ✅ What do you think? Will CADJPY respect this supply zone and drop, or will the bulls reclaim control? 💬 Drop your thoughts below & let’s discuss! 👍 Don’t forget to like, share, and follow for more setups. ❤️