From a weekly perspective, the overall market has reached a strong resistance level earlier, with the price around 106.520.
So we can pay more attention to the short air,
But the current weekly level remains bullish.
So, if you are looking at a short position in CAD/JPY, this order is a contrarian move.
Our lot size must be controlled within a reasonable capital range
Then, if you enter the market, you can pay attention to the 1-hour level entry opportunity.
Conservative traders can wait for the 1-hour level to break below the descending resistance line before waiting for an entry
All transactions involve risks, and the above analysis is for reference only. When placing an order, be sure to set the lot size and remember to set a stop loss.