SeaLionLLC

$CADJPY going higher after a confirmed hammer and a bullish turn

Long
FX:CADJPY   Canadian Dollar / Japanese Yen
$CADJPY going higher after a confirmed hammer and a bullish turn in the stochastic. The broader trend is bullish and after the recent correction prices should go higher from here. The target 101.67 is the fib extension of 08/08 92.74 low, the 9/19 99.80 high, and the 10/16 92.88 low. We'll follow up as the trade matures.

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