CADJPY broke the consolidation yesterday after BOC keep rate unchanged. As from the chart it is still up trend. I am looking for a pull back and if price did not break above 88. 97 i will short to the 200ema and look for long opportunity as it is a cross pair. Overall USDJPY is up trend. I have a tight SL at 89.22 and final take profit is 86.23. The reward to risk is 10: 1
Trade active:
shorted at 88.96