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Canadian Dollar / Japanese Yen

CADJPY - Pullback Trade

By WicktatorFX
Updated
CADJPY on the weekly has broken out of the major descending channel (See below) so right now we can anticipate a pullback back to retest the channel and the ascending trendline. Watch for break of the smaller ascending trendline a form of retest before entering.

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Note
Weekly snapshot
CADCADJPYChart PatternsEURUSDjpyOilpatternsignalTrend AnalysisUSDCADWave AnalysisWedge
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