FX:CADJPY   Canadian Dollar / Japanese Yen
4
Very long term play. On the daily timeframe, I'm awaiting further confirmation with price making higher highs and higher lows, but off of the weekly timeframe, we can see a Head and Shoulders formation has occurred. I'm placing targets at the the last "LH' point which is around the 86.000 handle. If price continues to travel up, we can even see a move towards the 1.272 and 1.618 targets.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.