FX:CADJPY Canadian Dollar/Japanese Yen
We've been seeing CAD strength, as well as JPY weakness over the past few trading sessions......and so long CADJPY was only a matter of time. And now, the time has come! :) I'm going long at 94.33, where we have a that recent are forming a wick around, suggesting buyers are stepping in to defend. Also of note is the presence of the 50 right there. My stop is at 93.85, while the target profit is at resistance at 96.18.