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Uncharted-FX

CADJPY Head and Shoulders Pattern.

Long
Canadian Dollar / Japanese Yen (FX:CADJPY)  
Uncharted-FX  
FX:CADJPY   Canadian Dollar / Japanese Yen
Head and Shoulders Supply and Demand Support and Resistance Forex forexsignals forextrading yen yenpairs fed federalreserve CADJPY
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headandshoulders supplyanddemand supportandresistance forex forexsignals forextrading yen yenpairs fed federalreserve cadjpy
Similar things can be said that I have said for EURJPY that I just posted.

We held the 82.20 support zone, and now broke the neckline of the head and shoulders at 82.70. I would await to see how this next candle closes to see if we hole the neckline. Again, given the type of week we have I would be a bit more careful trading the Yen Pairs.

First target zone would be the 83.20 zone.

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