CADJPY possibly running out of steam
CADJPY rallied over 6% in the last 2 days
although the CAD index bounced and is up I think this pair has room to breath a bit with at least a retracement to the 38% mark before continuing back up.
Shorting any jumps over 84.00 and keeping a very tight stop above the previous high as this could easily run more but I see some indications of a drop soon
although the CAD index bounced and is up I think this pair has room to breath a bit with at least a retracement to the 38% mark before continuing back up.
Shorting any jumps over 84.00 and keeping a very tight stop above the previous high as this could easily run more but I see some indications of a drop soon
Comment:
Trade active and trailing stops to assure profit