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Trade_Rocket_Investments

CAD/JPY - full exhaustion to daily zone

Long
Canadian Dollar / Japanese Yen (FX:CADJPY)  
Trade_Rocket_Investments  
FX:CADJPY   Canadian Dollar / Japanese Yen
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CADJPY has seen a break and now full exhaustion to the daily zone, we know the CAD is strong and the JPY is weak because of our fundamental analysis. what we are going to look for now is price action and entry confirmation for a trade to our next area of sell pressure. what we need to watch out for is the JPY inflation rate which is released tomorrow early in the morning after midnight (UK time). so I will be hesitant to place a trade before then and as we know tomorrow is Friday so we will possibly see a trade on this pair next week, we just need to be patient and wait for the market conditions to be a little better and have less news.
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