RyanHorner

CAD/JPY correction complete?

Long
FX:CADJPY   Canadian Dollar / Japanese Yen
0
We are just slightly past a 618 retracement of the long bullish leg and at a 127 extension of the lastest correction leg. Also, oversold on the daily chart .
This could be the reversal zone. I'm going to take a flyer on this, with a fairly tight stop.