CADJPY has been on the bull run for the past 3 days. this may be the time that we can short this pair and close our longs in it.
It has strong resistance at this point. So, we will be taking a short if and only if prices close below this resistance level and follow the next day the downtrend.
So maybe tomorrow we will be taking the short for the target of 77.700...
As I am expecting correction is completed fib level also reached its level.
now i am looking downward move which may very sharp.
Note: This is mere a idea not a trading signal to trade. Trade carefully !
Thank you for your support !