FX:CADJPY   Canadian Dollar / Japanese Yen
Trend: Long term bullish , previous month bearish .

Structure: Support and resistance / Zone

Plan: We monitor CADJPY for the potential breakout to the downside and continuation of the bearish trend or the potential pullback to the previous low/top of zone.

It appears price has respected the lower level and may pullback towards the upside however this is an aggressive play.

The smart trade here is waiting for a breakout of the zone and trading it to previous low/high