FX:CADJPY   Canadian Dollar / Japanese Yen
After the breakout of the blue trendline , CAD-JPY has fallen, touching a low not far to the target area. Then, it has bounced, and now it's likely that realises a pullback on the trendline . This would be a great signal for selling the currency pair. Wait for the close of the day before opening a short position.


@TradingwDavid there is candle close back above the trend line, seems to be invalidated.
TradingwDavid formobilogmay
@formobilogmay, Yes. The price "walked" for some days on the trendline and yesterday the close was above it. I was waiting for a red candle, but most likely the BoC meeting of tomorrow is affecting the price of the currency pair for a few days.
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