gdf_fx
Short

CADJPY BEARS IN PLAY

FX:CADJPY   Canadian Dollar / Japanese Yen
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See this pair reaching down to 72 meaning lots of opportunities to get on board intraday.

swing trading wise i would say that there is no safe entry left to hold,

after the beak of consolidation around R1 there was a great sell offered from the sharp fast move into the level to retest around 88.7

Pressure on oil can weaken the cad and make this a more appealing trade as we see a continuation of the downward move towards support.

lines up well with my other yen ideas

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