CAD/JPY - Channel Breakdown (02.07.2026)Canadian Dollar vs. Japanese YenFX:CADJPYKABHI_TA_TRADINGCAD/JPY has broken below the lower boundary of a rising price channel on the 30-minute timeframe, indicating that bullish momentum is fading. Price is trading beneath short-term dynamic support while Ichimoku cloud resistance continues to cap upside attempts. As long as the pair remains below the highlighted resistance zone, sellers may continue targeting the next key support levels. A sustained recovery above the resistance area would invalidate the immediate bearish outlook. π΄ 1st Support : 113.938 π΄ 2nd Support : 113.724 π’ Resistance Zone : 114.565 β 114.676 β οΈ Disclaimer : This analysis is for educational purposes only. Support the idea π Boost | π¬ Comment | π Share πΈπΈ Charts Don't Lie, Traders Don't Quit πΈπΈ