DingsX

CADJPY Short opportunity

Short
FX:CADJPY   Dollaro canadese / Yen giapponese
I have to admit the CAD/JPY has been playing with my feeling since last week with the false breakouts, consolidation but finally we have broken out of the rising wedge which was a bearish pattern, as seen my overall target for the month is 98.5, 99.9, 100.5.

canada's CPI data is coming out next week and i believe its gonna be worst than the US own we had today. Remember the FED needs a recession to meet their agenda.
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