Another 2618 trade involving the Greenback. This time the paired currency is the Canadian namesake, but here I'd be a bit more cautious with respect to USDJPY
(check related idea). Recent price action seems too bullish
to suppose a resume in the downtrend, even though 1.2400 is a stiff resistance. On the daily time frame a bullish
inverse divergence made prices pop from support at 1.2200 and could have came to its end just at 1.2400.
More info and more trades on http://www.pimpmypips.com