chris333

Canada Yen Cross Appears Bullish

Long
FX_IDC:CADJPY   Canadian Dollar / Japanese Yen
The CADJPY pair has had a nice uptrend since the beginning of the month after the flash crash that occurred due to the New Year's holiday liquidity issue.

Now, there is a decent Minor Pivot Stack setup that looks bullish.

Go long if the price can demonstrate strength through 83.310 and place a stop loss at 82.240. With the profit target at 85.170, this is a good risk reward trade.

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