CADJPY is on an important level at the moment. At that level we have this: Resistance level, the daily 200 MA, the top of a down channel and the 61,8 fib of the last down leg. in the chart you see how to play it :)
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This is how you can play this if you are not in already. Go down to 15 min TF and look if it gives you this:
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Still no clear direction, give this one some time, no rush! :)
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Now we talking!! I got stopped out on the news spike :) I'll be waiting for the retest. Hope you guys did catch that.
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As fat as the channel holding, keep shorting this one :)
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Bug
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also stopped out
PA-FX
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@Bug, Hard luck buddy :) We wait for another chance, BOJ news tonight :)
trungle83
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Woohoo.. watching this same area as well :)
PA-FX
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@trungle83, Nice! we have some CAD news today and crude inventory so keep an eye on that too ;)