1HR CADJPY
Price is currently showing as a bearish candle sitting on the 1 HR resistance not breaking below it.
Their current spot is serving as a support zone where price may push up to retest the Bearish OB area at the neckline inside the 4 HR resistance zone. The bearish OB area is between the 3 Fib levels for possible retracements.
I’d like to see if price would go up to retest the 0.61 fib level as price kept being rejected from going higher a few times
Trend Analysis

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