CADJPY appears to be consolidating after a sharp move up. A breakout to the upside of this figure would open a target at 91.10
The 86.86 level served as a pivot for the previous weeks, and is a potential entry point for a trade. Waiting for a pullback after breakout is another entry point.
Potential Buy: 86.80 - 87.10
Level to watch for breakout: 88.20
The 86.86 level served as a pivot for the previous weeks, and is a potential entry point for a trade. Waiting for a pullback after breakout is another entry point.
Potential Buy: 86.80 - 87.10
Level to watch for breakout: 88.20
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