CADJPY Analysis, June 10, 2025
CADJPY on the M15 time frame The zone highlighted in bright green is the price consolidation area, where the tug-of-war between buyers and sellers occurs. In this zone, the candlesticks that are formed show signals of market doubt. We can see several candlesticks with small bodies and long wicks in both directions, indicating uncertainty in direction and decreasing transaction volume. However, the most interesting is the candlestick that is formed outside the right side of the green zone, which is accompanied by a red arrow pointing down. We can try to sell now with our stop loss placed at a price of 105.75 with no profit at a price of 105.38
