is this a head and shoulders patterns we are looking at on CadJpy? or is that just a nice support trendline. well this pair struggles to close above 105.9 & has been that way for a long time, even with yen weakness. cad is also at some strong resistance in other pairs / the cxy(canadian dollar index). my money will be on the short side , until jpy shows further weakness!
i think eurjpy is probably double topping on higher timeframes and is possibly done rising for the week. going to take a possible reverse from 143.3 down until 139.4 (390pips/2.8%), with a TP set around 141.5 (175pips/1.25%).