Top 5 for the day 2) CADJPY long

FX:CADJPY   Canadian Dollar/Japanese Yen
12 0 0
Hello traders!
Hello traders!
I will be introducing a new system of trading on this page from now on.
I will be proving the 5 most tradable pairs for the day everyday with some proprietary indicators' results.
Second pair for today is CAD/JPY             . It is looking to retest the recent highs at 101.15
* Description and meaning of all my indicator numbers are given below.

My indicators show the strength consistency of CAD 1.1861 and JPY as 1.4769.
The current avg. volatility of the pair is 77
The current volume % is 23%.
Expected target for today is 101.15

*Strength consistency is a calculated value of strength for each currency. Closer the number to 0, stronger the currency.
Avg. volatility : It is the estimated high to low ratio of a currency pair calculated over some specific number of days for each currency pair.
Volume % : It is the % movement of the pair on the current day with reference to the Avg. Volatility.
Expected target is calculated based on the Avg volatility and currency volume %.

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