CADJPY has been in an uptrend this week with the price struggling to get past the 90.5 level. On the 1hr time frame it appears that the momentum of this uptrend has started to slow down, along with the overbought RSI levels on the 1hr time frame indicating that the price will reverse from this area. The target of this trade is 500 points below the current level, with the stop-loss located just below the recent support zone.