. There is still a possibility of temporary retracement to suggested resistance line (77. 05 ). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. CADJPY is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The is at 43.
TP1= @ 76.41
TP2= @ 75.70
TP3= @ 74.79
SL: Break Above R2