Buy above 83.92. Stop loss at 83.17. Take profit at 85.11. Reason for the trading strategy (technically): CADJPY is approaching its support at 83.92 (100% & 61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where price is expected to bounce up to its resistance at 85.11 (50% Fibonacci retracement, horizontal pullback resistance). Stochastic (89, 5, 3) is approaching its support at 4% where a corresponding bounce is expected.