AdelMohamed
Long

June 2012 - May 2013 up trend is it over yet !!

FX:CADJPY   Canadian Dollar/Japanese Yen
58 0 1
as this pair been in strong up trend for about a year starting from June 2012 up to May 2013, i believe the price is correcting since then and moving in a side-way trying to find strong/confirmed support level at 95.683. Also, looking at June 2012 Fib Retracement , the price find support at 0.382 Fib level which most likely is confirming a continuation of an up trend. hunting a bullish signal above the 95.683 level would be great opportunity, and trading the pair on the 4 hours chat could be an easy hunt for a bullish single.

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