CADJPY is in that area where there will be a nice move coming. Looking to see if price continues to be respected back to upside, or a break lower for a retest to sell back down to next zone. Obviously momentum is moving downside, so it would be better to take sell positions until otherwise. We are also sitting on the 61.8 retracement.
Be patient and wait for the market to show you which way it wants to go. Don't jump the gun.
Be patient and wait for the market to show you which way it wants to go. Don't jump the gun.