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peterbokma

CADJPY-SELL strategy

Short
Canadian Dollar / Japanese Yen (FX:CADJPY)  
peterbokma  
FX:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis cadjpysell
12
4
trendanalysis cadjpysell
On the 2nd of February I had suggested to buy CADJPY 90.40 and it has taken a long run to reach the suggested objective 95.00 or higher.

Right now, similar as all JPY crosses we should be on the BUY side JPY as the situation is quite oversold (JPY).

so for now SELL @ 97.50-97.80 area for a move back towards 96.00 there abouts.

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