OANDA:CADJPY   Canadian Dollar / Japanese Yen
CADJPY has been in an uptrend since the 14th of Feb, setting lower lows and higher highs. However this uptrend was unable to surpass the previous high of 91.456 on the 11th of Feb. The RSI indicators on the 1hr and 30m time frame show current levels to be in overbought regions, which adds to our short term bias. The target of this trade is located around the 90.6 level, with the stop loss area at 0.62%.

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