CADJPY | Update

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CADJPY | UpdateCAD/JPYOANDA:CADJPYNathanl19In my last post we we're expecting CADJPY to hit 300 pips but only saw about 180 failing to see price action hit the overall resistance zone at 118.85. So far price action has equaled up to its last high creating a double top like shown on chart, and buyers unable to stay afloat allowing sellers to take control. Since price action is looking weak we can expect to see a swing back to the major external pivot around 110.90 like shown in the last post.