Hi Pete, I would say so.
Eastern Red Cedar is a true juniper according to MO Conservation Dept.
Some folks think cedar is too soft for bow wood,but I have built several bows with it,mostly on belly under glass.
No probs yet, Trux Turning built a 56"(I think) recurve with back and belly lams of cedar with no probs also.
You might want to keep the veneers thin and use a better core wood for the most of the limb.
JMHO