CADJPY – Supply Zone Back in FocusCanadian Dollar vs Japanese YenTICKMILL:CADJPYTheSignalystCADJPY has been bearish, and the current recovery is bringing price back toward an important area. The pair is now approaching a strong supply zone, which also aligns closely with the descending trendline. 📌 As long as this supply zone holds, our bias remains bearish. We will be looking for sell setups around this area, aiming to catch the next bearish movement. A clear rejection from the zone would strengthen the bearish scenario. On the other hand, a strong break and close above the supply zone would invalidate our short-term bearish outlook and force us to reassess. For now, the plan is simple: Supply holds → Look for shorts. 📉 ⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always manage your risk and wait for proper confirmation before entering a trade. 📚 Stick to your trading plan regarding entries, risk, and management. Good luck! 🍀 All Strategies Are Good; If Managed Properly! ~Richard Nasr