CADJPY has been in a solid uptrend for some time now however the price has been unable to past the recent high of 91.00. The RSI levels on the 30m and 1hr time frame are in very oversold regions which indicates that price could fall from here. On the 2hr time frame, there is some selling pressure appearing on the recent candle which also adds to our short bias. The target of this trade is located near the 90.100 area and our stop-loss is just above the 90.840 level.