I try to make analysis for cadjpy pair today.
I see this pair still in strong bullish movement . If this pair can break the 86.61 resistance level, I predict this pair will go up to the next resistance level at 0.8711 But if this pair go down and break 0.8611 support level, I predict this pair will make some correction to the next support level at around 0.8561
Buy signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Buy with stoploss at 0.8626 and take profit at 0.8711
Don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.