CADJPY SHORT

CADJPY ends the trading week near the 86.50 area after Breakout near SR 87.12. This pair continues to move as part of the correction pattern which indicates pressure from Sellers and a potential continuation of the down in the CADJPY at current levels. At this point, we should expect an attempt to rise and test the resistance area near the level of 87.12. Further, continue down to the area below the level of 84.40